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Ekiti traders stranded at new locations  (The Nation  - 10/11/2015) Military probes Ekiti, Osun polls  (The Nation  - 10/11/2015)

Ekiti Economy May Collapse In Five Months – Fayose
Source: Daily Independent ekiti.com News Section:  Ekiti Date: Thursday, November 12, 2015


Yaqoub Popoola, Ado-Ekiti

Ekiti State Governor, Ayo Fayose, has raised the alarm over the status of the state’s economy, saying it might be grounded in five months time unless something urgent is done to salvage it.

The governor dropped this hint during a parley with Ekiti Professionals and leaders of thoughts on the state of Ekiti finances.

He explained that with the monthly deductions of about N900million the state might finds it extremely difficult to meet its obligations.

Fayose, had also parleyed professionals of Ekiti origin under the auspices of Igbimo Ure Ekiti and the Clerics to embrace the new tax regime and to help in sensitizing their congregation and that intention behind it was basically to shore up the revenues accruing to the State.

Fayose said available records show that schools being held by missionaries, had consistently be leading in every public examinations in recent past.

He said his administration is incurably committed to the construction of an ultra modern Oja Oba Market, Airport and fly over in Ado Ekiti capital city, in spite of the paucity of funds confronting the State.

On the new tax regime that has generated so much furore among the populace, Fayose called on the professionals to continue to spread the gospel to the people on the need to increase the revenue in the State, so that infrastructural facilities can be put in place.

The president of the group and former Minister of Health, Mr Julius Adelusi-Adeluyi, assured that the body would continue to play apolitical role and support the government to attract development to the State.

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