Governor Adeleke Fires Back at APC’s ‘Fake News’ Allegations on Secret Loans
The Osun State Governor, Ademola Adeleke, has strongly refuted allegations that his administration secretly obtained loans, describing the claims as “fake news” propagated by the opposition All Progressives Congress (APC) in the state.
The APC had recently called on the governor to disclose the true financial status of the state, accusing him of secretly securing a foreign loan worth $51 million, approximately N81.6 billion. Kola Olabisi, the APC Director of Media and Information, raised concerns over the alleged loans, warning that such financial moves would plunge the state into deeper financial crisis and burden future generations.
The APC further claimed that the administration’s 2024 budget was being financed through the NG-CARES facility, implying that the government was secretly incurring debts. The party insisted that the people of Osun, who are already struggling economically, deserve transparency and accountability from their elected leaders.
Responding to these claims, Olawale Rasheed, the governor’s spokesperson, vehemently denied the allegations, stating that no loans had been taken by the state government under the NG-CARES initiative. Rasheed, who is also a member of the executive council, dismissed the APC’s accusations as false, reiterating that no loan approval requests had been made for any project since Adeleke took office.
“This is fake news, which the APC has continuously peddled. Osun people are discerning and educated—they know when their government is borrowing,” Rasheed said, urging the public not to fall for what he described as baseless political propaganda.
Governor Adeleke’s spokesperson also challenged the APC to provide evidence of any such loans, asserting that the state’s finances remained transparent under the current administration. The back-and-forth between the APC and the state government continues to fuel political tension as the governor remains firm in denying any wrongdoing.
As the political drama unfolds, it’s clear that the financial direction of Osun State is now at the heart of the battle between the ruling party and the opposition, with both sides making conflicting claims about the state’s financial health.
