French loan cannot fund electioneering — Makinde’s aide

By Adeola Badru
IBADAN — The Oyo State Government has said the French Treasury Loan secured for its development programme cannot be diverted for electioneering or other purposes outside the scope for which it was approved.
Special Adviser to Governor Seyi Makinde, Mrs Ronke Adedayo, who facilitated the sourcing and acquisition of the facility on behalf of the state government, disclosed this while speaking with journalists at the weekend.
Adedayo said the facility was being implemented in line with the conditions under which it was approved by the French authorities, adding that its financing structure did not permit the state government to divert, reallocate or deploy the funds to ...