Fayose reduces varsity fees

The governor also directed the school to allow the students pay the fees in two instalments.
Fayose, who gave the order while featuring on a radio/television programme ‘Meet your governor’, on Saturday, said his administration would also ensure an enabling atmosphere for teaching and learning in all state-owned institutions in the state.
On the financial challenges facing the state, Fayose said apart from global economic meltdown, “Ekiti’s situation was aggravated by the Kayode Fayemi administration’s excessive borrowing to fund projects with little or no economic value.” Fayose said: “On the day of my inauguration, I gave an overview of what the debt profile of the state is. Later, we started discovering a lot of needless loans taken by that government on non-viable projects. One of such is the civic centre they started in Ado-Ekiti; they have committed N1.2 billion into it and the contractors are saying another N1.2 billion is needed to complete it.
“Over N2 billion was spent on Ikogosi Warm Spring Resort and was given to their cronies to manage. Less than N10 million has been accrued as income from it. They said I have been given some money on federal roads they worked on; that is a lie. The federal government is saying it won’t reimburse Ekiti because the Fayemi administration did not take permission to work on those roads. We are just liaising with them to get the situation redressed,” he said.