Dapo Abiodun
Dapo Abiodun

Governor Dapo Abiodun, Amosun Clash Over $250M World Bank Loan

Yusuf Dotun

The Governor of Ogun State, Dapo Abiodun, and the former governor, Ibikunle Amosun, on Wednesday, clashed over a $250m World Bank loan.

Senator Amosun claimed his administration began and facilitated the loan before he left office in 2019, while Governor Abiodun said the efforts of his administration since he became the governor prevented the state from losing the huge loan.

Amosun, in a statement released by the former Secretary to the State Government, Taiwo Adeoluwa, said it took his administration six years to process and actualize the loan.

The statement read in part, “Like in several areas, the Amosun administration worked hard, laid a very good foundation and established rich legacies to the cause of greater Ogun State.”

Adeoluwa said all the hard labour and painstaking efforts of the Senator Amosun-led administration came to fruition with the provision of $250m grant for Ogun State.

The former secretary said in 2019, before the end of Senator Amosun’s administration, we had processed the approval of both the Senate and House of Representatives; we also secured the nod of the Federal Executive Council.

However, in a counter statement by the Special Adviser on Public Communications, Remmy Hazzan, Governor Abiodun said the facility was a result of interactions on the economic blueprint and development roadmap for the state which he had with the officials of the World Bank.

Governor Abiodun said, “Remember that the project facility suffered major setback and in fact was reduced from the original amount of $350m because of slow utilization of the initial preparatory allowance of $5m and the poor implementation of the preparatory phases of the project facility by the previous administration.”

Happenings Media