I have not withdrawn from Oyo governorship election in 2015, Alao-Akala says

The immediate past governor of Oyo State, Adebayo Alao-Akala, on Wednesday in Ogbomoso said that he had not withdrawn from the 2015 gubernatorial race in the state.

Mr. Alao-Akala, a Peoples Democratic Party, PDP, governorship aspirant, told the News Agency of Nigeria that he would contest the election in line with the request of his admirers who he said were clamouring for his return.

There were reports that Mr. Alao-Akala had withdrawn from the gubernatorial race to pave way for Ayoade Adeseun, a senator who recently defected to the PDP from the All Progressives Congress, APC.

Mr. Adeseun, the Chairman, Senate Committee on Capital Market, hails from Mr. Alao-Akala’s Ogbomoso Zone.

“Presently, I don’t own myself to have done that,” Mr. Alao-Akala ,who is being prosecuted by the anti-graft agency, EFCC, for allegedly misappropriating N11.5 billion of Oyo funds while serving as governor, said.

. “I am contesting (for governor) as a result of the calls from the people. I am assuring my people that nothing of such happened and will not.

“They called on me to run again and I have heeded the call. I promise not to take actions without the people’s authority,’’ he added.



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  • Bambam

    Good article!!

  • Proud Yoruba

    All the states have to do is put away 6 months of recurrent expenditure in a rainy day fund account, enshrine it in the law of the state and allow a portion of it to be invested in the capital markets. Like individuals save 10% of their income and invest 5% of their income every month, the states should be doing the same. After they have done this, then they can buy the toys like helicopters, private jets etc. those toys also have to be justified as sound capital investments.