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

28
SHARES
356
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  Makinde Hails Afia Group Construction at Oyo State Real Estate Summit

You might also like

Jubril Dotun Sanusi and the New Face of Youth Empowerment in Nigeria by Segun Kehinde

Wolekanle’s One Year of Transformational Leadership and Unprecedented Records at Oyo LG Service Commission

Ilumoka Lights Up Oluyole, Extends Solar Project to Five Additional Communities in Oyo

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.”

ALSO READ  Makinde Should Have Use Instrument of Law to Remove Council Chairmen Imposed by Ajimobi- SPN

 

“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!”

author avatar
NationalInsight
See Full Bio
Tags: 6B loanEngineer Seyi MakindeFarm SettlementN7Oyo state House of AssemblySPN
Share11Tweet7Send
Previous Post

Tech-U VC, Lagos Legislator, PMParrot’s Publisher Join Other LAGSOBA, As AGM Holds On Friday

Next Post

Oyo NUJ Election Holds Dec 18

NationalInsight

NationalInsight

Related Posts

Chief Jubril Dotun Sanusi, Okanlomo Oodua
News

Jubril Dotun Sanusi and the New Face of Youth Empowerment in Nigeria by Segun Kehinde

by NationalInsight
April 27, 2026
103
#image_title
Featured

Wolekanle’s One Year of Transformational Leadership and Unprecedented Records at Oyo LG Service Commission

by NationalInsight
April 27, 2026
109
#image_title
Featured

Ilumoka Lights Up Oluyole, Extends Solar Project to Five Additional Communities in Oyo

by NationalInsight
April 27, 2026
122
Prince Hammed Adeyemi,
Featured

Tegbe Mourns Late Alaafin’s Son Prince Hammed Adeyemi

by NationalInsight
April 27, 2026
154
#image_title
Featured

2027: APC Support Group Launches Mobilisation Hub for Tinubu’s Re-election

by NationalInsight
April 27, 2026
32
Next Post
NUJ election 2019

Oyo NUJ Election Holds Dec 18

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

Chief Jubril Dotun Sanusi, Okanlomo Oodua

Jubril Dotun Sanusi and the New Face of Youth Empowerment in Nigeria by Segun Kehinde

April 27, 2026
103
#image_title

Wolekanle’s One Year of Transformational Leadership and Unprecedented Records at Oyo LG Service Commission

April 27, 2026
109
#image_title

Ilumoka Lights Up Oluyole, Extends Solar Project to Five Additional Communities in Oyo

April 27, 2026
122
National Insight News
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • Jubril Dotun Sanusi and the New Face of Youth Empowerment in Nigeria by Segun Kehinde
  • Wolekanle’s One Year of Transformational Leadership and Unprecedented Records at Oyo LG Service Commission
  • Ilumoka Lights Up Oluyole, Extends Solar Project to Five Additional Communities in Oyo

Copyright © 2020 National Insight News

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

Copyright © 2020 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