CLOs applaud Soludo's rejection of World Bank Loans, says His Frugality a Model in Governance

Benson Odidika

Awka

 The Civil Liberties Organization CLO in Anambra State is of the opinion that the decision of the State Governor, Professor Chukwuma Soludo not to take World Bank loans, despite their availability, is consistent with his plan to put the state back on the path of fiscal sustainability.

Recall that Governor Soludo had at a recent interview on national television, maintained that he has yet to borrow a kobo, and will only take a loan when he is sure of how it will come back.

The governor, who threw insight on why Anambra opted out of the N438 billion distributed among 35 states last year, also said he will only take a loan that he can explain to the people where the loan is being applied and how it can better their lives.

The governor insisted that taking the loans and giving handouts to a few persons, is not more sustainable than providing the basic services that can have an impact on the mass of the people.

Reacting to the governor’s position, the Chairman of the CLO in the state, Comrade Vincent Ezekwueme said it is a clear indication he has a conscience and can be fanatic when it comes to the interest and wellbeing of the state and her citizens.

The CLO boss, who acknowledged that some of the loans mortgage the future of the state and generations yet unborn, said the group is humbled over the governor’s decision not to obtain the loan because of its unfavorable repayment conditions as well as to avert unnecessary burden on the state.

Ezekwueme observed that the way the governor has prudently and judiciously utilized and still utilizing public funds for the public good, remains a model for leadership.

“We equally commend him for the unprecedented laudable projects he has executed and is still executing without borrowing money from financial institutions. 

“Worthy of commendation is his relentless efforts to restore security, road constructions and rehabilitations, the Homeland security law and efforts to restore moral rectitude and values in the state,” the group said.

Ezekwueme said the CLO remains committed to promoting good governance in the state under the state government by mobilizing citizens to continue to play their roles towards achieving the growth and development of the state.