The candidate of the Alliance for Democracy in the September 22 Osun State governorship election, Olugbenga Akintola, has given indigenes of the state his assurance that the debt incurred by the incumbent government will not be a hindrance if he is voted into office.
Akintola, who spoke to journalists at a zonal meeting of AD party leaders in Ejigbo, said Osun was "hugely indebted."
He, however, promised to do whatever he could as the next governor to restructure the repayment as well as explore international avenues that would guarantee various grants available for sustainable development for the state, which, according to him, was endowed with human and natural resources.
Akintola said, "I have seen beyond the debt burden of the state and I can assure you that it is not inimical to what we have to offer once we assume office in November. What I see right now is the potential that abounds in the state. I need to transform these human and natural resources into huge wealth for the immediate benefit of our people as well as to have something to fall back on in the future.
"To be honest, we are aware that the debt which our dear state owes right now stands between the whopping sum of N170bn and N200bn owed both local and foreign contractors, not to mention salaries and wages.
"I once lived abroad and I know that even if taken to a court of law for owing, they would first look at your income and your expenditures and, from what is left, they would deduct whatever you owe to settle your debt."
The AD candidate said he would have a dialogue with various creditors locally and internationally concerning the state's income and expenditure, restructure the huge debts and agree on a mode of repayment, which he said would not impede his programmes for the people.
According to a statement released by the Media Director of the Atunse 2018 campaign, Mr Olaniyi Omotoso, thousands of AD members would throng the venue to show solidarity for Akintola and his running mate, Akeem Bello, who hails from Ejigbo in the Osun West Senatorial District.