Olubolade Declares Intention to Contest Ekiti Gov Election.

Barely 72 hours after he resigned his appointment, former Minister of Police Affairs, Navy Captain Caleb Olubolade (rtd.) Saturday declared his intention to contest the June 21 governorship election in Ekiti State.

Olubolade has also pledged that he would not borrow money from the capital market to finance the State if elected.

He said his administration would run a programme that would be fashioned after the transformation agenda of President Goodluck Jonathan to bring development to the state as being obtainable at the federal level.

He made the statement in Ado Ekiti during a reception organised in his honour by members of the Peoples Democratic Party (PDP), where he had declared his intention for the June 21 Governorship election.

Olubolade had resigned his position as the Minister of Police Affairs to vie for the governorship position in the state. Apparently referring to the N25 billion bond sought byGovernor Kayode
Fayemi as loan from the capital market, Olubolade maintained that his government would not go cap in hands for funds to run his government.

Also speaking at the ceremony, the state chairman, Mr. Makanjuola Ogundipe, assured that all the looted money would be recovered from Fayemi after the expiration of his tenure.
He appealed to members to discountenance the claim that the last APC membership registration was the same with Independent National Electoral Commission’s registration exercise, saying the exercise would soon commence.

Meanwhile, the spokesperson for the Kayode Fayemi Campaign organisation, Mr. Dimeji Daniel, has said that Olubolade was not in tune with governance.

Reacting to Olubolade’s statement, Daniel said if he was still in tune with governance, he would know that borrowing from the Capital Market to execute regenerative projects and bring about infrastructural development is not tantamount to a failed state.

“The United States of America considered as the bastion of democracy also borrows money. The difference is what the money will be used for. Will it be embezzled or will it be used to better the lot of the people as the Fayemi administration has done?”, Daniel wondered.