ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

You Don’t Need Loan To Upgrade Farm Settlement- SPN Tells Makinde

by NationalInsight
October 17, 2019
in Featured, News
Reading Time: 2min read
0
SPN caution Gov Makinde onon 7.6B Loan

Engineer Seyi Makinde Oyo state Governor

26
SHARES
322
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

Socialist party of Nigeria, SPN, Oyo State chapter, has said upgrading of farm settlement, procurement of farm equipment and improvement of infrastructural development, upon which both the N7.5 billion and N10 billion were procured by the state government can actually be achieved without necessarily compounding the outrageous debt burden under which the state groans at this present time.

The party in a statement signed by  the state secretary Comrade Ayodeji Adigun”This is actually possible, if the outrageous security vote Governors award to themselves is scrapped and the sum is added to the pool of fund at the disposal of the state such that same is committed and invested on the areas of needs of the working people in the state.”

“Other means to ensure that adequate resources and fund are made available to the state in order to carry out its obligation and duties also include the need to place the political office holders on the salaries and allowances earned by the civil servants, to stop leakages  as well as to end the regime of corrupt and costly contract system and replace it with a public work programme under which the ministry of Works will be equipped with adequate equipment, machineries, expertise and manpower to undertake mass public works like mass building of schools, hospitals, roads, mass housing, water-works, mass electrification, etc. “

The release read further that ; “ Contract system has been one of the crucial means through which pro-capitalist government pilfer away  several billions of naira, and throw the state into needless debt crisis of billions of naira.”

ALSO READ  Imminent Crack in Oyo PDP Over Appointments

You might also like

BRAIDS, BALLOTS AND BREAD PRICES// By Lanre Ogundipe

Abducted Adelabu’s Sister, Twin Sons Regain Freedom

Abduction: Makinde Meets Adelabu, Expresses Confidence in Victims’ Rescue

Load More

“SPN equally holds that the democratic control of all of the resources and funds at the disposal of the state by elected committee of workers and community people, is very important so as to ensure that they are judiciously invested in areas of needs of the people.  If Seyi Makinde government is unable to implement all these measures that will help free up resources for the benefit of the vast majority of Oyo working people, it is because of its pro-capitalist character and orientation.”

 

“However, the SPN doubts the possibility that the investment of the N7.6billion loan on the upgrading of the farm settlement will translate to a sustainable development that will lead to improvement in the living condition of the working people. This is because the Seyi Makinde-led regime has revealed that the so called investment will be based on the pro-capitalist policy of public private partnership, PPP. From experiences PPP mean using public resources for private profit. So under this kind of ruinous pro-capitalist policy of PPP, the priority will be to first satisfy the profit interest and greed of the business owners. This will definitely be at the expense of the interest and desire of the poor citizens for an improvement in their living condition.”

 

“Therefore, it is only a government run on the basis of a socialist programme that is capable to of guaranteeing that any investment of public fund on the area of needs is translated to a sustainable development that will always reflect in the improvement in the living condition of the poor but working people. It is in the light of this, SPN will like to deepen its call on all oppressed working people in the state to join SPN and help us to build it towards an enthronement of a socialist government whose existence will be primarily focused on how to bring a significant improvement to the living and working condition of workers, youths and masses in the state!”

Tags: 6B loanEngineer Seyi MakindeFarm SettlementN7Oyo state House of AssemblySPN
Share10Tweet7Send
NationalInsight

NationalInsight

Related Posts

Featured

BRAIDS, BALLOTS AND BREAD PRICES// By Lanre Ogundipe

by NationalInsight
June 7, 2026
10
Featured

Abducted Adelabu’s Sister, Twin Sons Regain Freedom

by NationalInsight
June 7, 2026
111
Featured

Abduction: Makinde Meets Adelabu, Expresses Confidence in Victims’ Rescue

by NationalInsight
June 6, 2026
103
News

Banditry: Are We Still Praying?

by NationalInsight
June 6, 2026
102
Featured

Oriire Abduction: The Bush, the Tears and the Hope of Return

by NationalInsight
June 6, 2026
103

Latest Post

BRAIDS, BALLOTS AND BREAD PRICES// By Lanre Ogundipe

June 7, 2026
10

Abducted Adelabu’s Sister, Twin Sons Regain Freedom

June 7, 2026
111

Abduction: Makinde Meets Adelabu, Expresses Confidence in Victims’ Rescue

June 6, 2026
103
National Insight News
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • BRAIDS, BALLOTS AND BREAD PRICES// By Lanre Ogundipe
  • Abducted Adelabu’s Sister, Twin Sons Regain Freedom
  • Abduction: Makinde Meets Adelabu, Expresses Confidence in Victims’ Rescue

Copyright © 2026 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2026 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com