LAGOS State Governor, Babatunde
Fashola, yesterday, gave a breakdown of how his administration expended the N160
billion World Bank loan it acquired, saying the state maintained a healthy debt
profile.
Fashola, who spoke during his commemoration of 2,700 days in
office and achievements in the last 100 days, in Alausa, Ikeja, said long
overdue refund would go a long way in reducing the debt profile of the State,
which he said the Federal Government
recently published to mislead the
public.
He said, “Recently, our political adversaries issued statements
that we have borrowed N160 billion. What they have not told you is what we are
doing with the money.”
Enumerating his government’s activities within the
period under consideration he said; “In the last 100 days, we have commenced
work on providing street lighting on the Muritala Muhammed Way in
Yaba.
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