The All Progressives Congress (APC) stakeholders in Oyo State have expressed deep concerns over Governor Seyi Makinde's financial management, accusing him of extravagant spending and financial recklessness. According to the stakeholders, Makinde's administration has consistently disregarded due process, which they believe is detrimental to the state's long-term interests ¹.
Key Issues with Makinde's Administration
- *Disregard for Due Process*: The APC stakeholders have criticized Makinde's administration for ignoring established protocols and procedures in managing the state's resources.
- *Extravagant Spending*: The stakeholders have highlighted specific instances of wasteful spending, including the N63.5 billion renovation of the Agodi Government House, which they consider a misuse of public funds.
- *Financial Recklessness*: Makinde's administration has been accused of accumulating debt, with the state's debt profile reportedly standing at around N500 billion ².
APC's Demands
The APC stakeholders have urged Governor Makinde to prioritize judicious utilization of the state's resources and avoid wasteful spending. They emphasize the need for prudent financial management to ensure the state's resources are used for the benefit of its citizens ³.
Implications of Makinde's Financial Management
The controversy surrounding Makinde's financial management has raised concerns about the state's financial sustainability and the potential impact on its development. The APC's criticism highlights the need for transparency and accountability in governance ².
Conclusion
The APC stakeholders' criticism of Governor Makinde's financial management highlights the importance of prudent financial planning and management in governance. As the state's leadership navigates these challenges, it remains to be seen how Makinde's administration will respond to these concerns and work towards ensuring the state's financial stability and development.