Mimiko’s defence of N7bn loan Was Amateurish – Boroffice

Prof. Ajayi Boroffice representing Ondo North Senatorial District, has described as lame, witless and amateurish the defence of Governor Oluegun Mimiko for applying for N7 billion loan request from Zenith Bank Plc.This was conveyed in a statement duly signed by his media office.Boroffice maintained that it was amateurish and awkward for the Governor Mimiko-led administration to base their argument on the premise that since some states had borrowed, Ondo state should do same.Here is an excerpt from the statement: “It is amateurish and awkward that the Governor Olusegun Mimiko-led administration has lowered the debate on ”Žthe N7 billion bank loan to crass politics and puerile argument; that since some states have borrowed, why should Ondo State not borrow? Is the government saying it requested for N7 billion loan from Zenith Bank on the ground that World Bank has granted credit facilities to Lagos and Edo States. The witless argument from the government further shows there exists no developmental plan for which the loan was sought after.”