PDP accuses Fashola of wasting N32 bn SURE-P funds

Minister of Power, Works and Housing, Babatunde Fashola. Photo credit: Sun Newspaper

The Lagos State chapter of the Peoples’ Democratic Party has accused the immediate past governor of the state, Babatunde Fashola, of squandering over N32 billion funds received from the Subsidy Reinvestment and Empowerment Programme.

In a statement in Lagos, Sunday, ‎the PDP urged Governor Akinwunmi Ambode to institute a probe panel for his predecessor.

“Mr. Fashola deliberately embarked on project that were not feasible in the next 20 years,” the PDP said in the statement by Taofik Gani, it’s Publicity Secretary.

“He got loans to complete such projects within eight years only to mismanage and or divert such loans. Under Fashola, the SURE P funds well over N32 billion meant for the state could not only reflect in any project and was not accounted for.

“The local and foreign debts of about N1 trillion is there for Lagosians to pay through over-taxation.”

The Lagos PDP’s claims came amidst a public backlash over Mr. Fashola’s expenditures during his tenure, including a N78 million website upgrade contract.

Last week, a civil society group petitioned the Economic and Financial Crimes Commission over the former governor’s “wasteful expenditures” during his eight years as government.

The PDP said although it was not behind the recent calls for Mr. Fashola’s investigation, it was supportive of their position that the former governor ran an elitist government.

“Indeed, several times during his administration, we had shouted that the governor was running a propagandist government and that the state was being plunged into avoidable local and foreign debts,” Mr. Gani said.

“The PDP has consequently supported and charged Ambode to probe his predecessor. The incumbent governor must speak out now. Anything short of a categorical statement as to whether Fashola is clean or not is a disservice to the state.

“Lagosians want to know what the new occupier of the office met, especially the actual amount of loan collected.”

The party also stated that it would continue to “blow the whistle” and provide a vibrant opposition to any signs of misgovernance by the ruling All Progressives Congress.

“We shall not relent in doing this constructive opposition. It does not matter whether it coincides with efforts of other groups or interests in the state,” said Mr. Gani.

“We shall commend when appropriate and condemn when inevitable in good faith for good governance and expected growth of Lagos State.”

Mr. Fashola could not be immediately reached for comment.

Dangote adbanner 728x90_2 (1)

Coronavirus factsheet


PT Mag Campaign AD

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.


TEXT AD: To advertise here . Call Willie +2347088095401...

BE THE FIRST TO KNOW! Subscribe to our newsletter

* indicates required


Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application