The Ondo state government has dismissed the insinuation in some quarters that the N50 billion bond recently approved by the state Parliament was meant to sponsor the 2020 re-election bid of Governor Rotimi Akeredolu
It noted that the bond is accessed to fund various ongoing and new capital projects in the state.
The State Commissioner for Information and Orientation, Donald Ojogo dropped this hint in Akure,Ondo State capital during an Interaction with journalists in the state.
This is the first media parley by the Commissioner for Information and Orientation in Ondo State, Donald Ojogo, since he was posted to the ministry.
The meeting afforded him opportunity to meet minds with journalists in the state.
The media briefing also gave the commissioner opportunity to defend some of the programmes of Governor Oluwarotimi Akeredolu.
Ojogo said the 50billion naira bond became imperative to enable government to pay contractors handling its various capital projects especially roads contractors.
Ojogo explained that Akeredolu would rather spend such huge bond on legacy projects that would impact positively on the lives of the citizenry instead of using same for any re-election bid of the state Governor.
He concluded that the state government would soon come up with actions on local government election and creation of Local Council Development Areas (LCDAs).