Connect with us


PDP has alleged that the ruling party APC borrowed $500m loan to fund Osagie Ize-Iyamu campaign



The political battle preceding the Edo governorship election has taken another dimension as parties continue to drag their opposition into disrepute in a bid to gain the heart of the state.

PAY ATTENTION: Get the Latest Nigerian News on News App

The guber election in the southsouth state is scheduled to hold in September by the Nigerian electoral umpire, the Independent National Electoral Commission (INEC).

Sensing Godwin Obaseki’s political might, All Progressive Congress (APC) said the governor will be defeated in the forthcoming poll and be put to shame.

Reacting to a statement earlier credited to the Peoples Democratic Party (PDP) in which the National Campaign Council (NCC) of the APC was said to have approached NEXIM Bank for $500million loan to run the election, the ruling party stressed that its flagbearer Osagie Ize-Iyamu will emerge victoriously.

“The irresponsible, senseless and reckless allegations of the PDP would have been ignored, if the issues involved are not so weighty.

“Any person familiar with the rudiments of financial transactions by banks knows that no bank worth its operating licence will provide a facility of that magnitude, without documentation and a long paper trail,” part of the response read.