Abia State Government yesterday said that its financial profile is not in a healthy state, following the several denials by former Governor Theodore Orji that his administration left a reasonable amount of funds in the state coffers at the end of his tenure, as the new government is insisting that it met an empty treasury as well as inheriting huge debts from the past administration.

The Chief Press Secretary (CPS) to the governor, Mr. Godwin Adindu, who revealed this at the Government House, Umuahia, recently during a chat with newsmen, noted that the financial recklessness of the past administration appears to be putting clog in the wheels of the Governor Okezie Ikpeazu’s administration.

“The governor is yet to settle down; there is no funds to work with. Ikpeazu inherited a government that was in a mess, huge debts here and there and that was why the governor sought for the N30 billion loan facilities to execute some of his capital projects,” Adindu said. The CPS had in a press release July said that report from the Debt Management Office (DMO) Abuja indicated that Abia State, is among the least indebted states in the country on both local and foreign loans, further said that the messy financial situation has contributed to the delay in the payment of salary backlogs as promised the civil servants during campaigns.

==>>READ MORE==>>http://abacityblog.com/ikpeazu-finally-admits-he-inherit-an-empty-treasury-with-huge-debts-from-t-orji/

I think say na only for Osun State........................

Instead of putting T. A. Orji on trial or at the least retire him, Ndi Abia decided they rather promote him to the Senate. What a joke. Now see as all the #WailingLooters will desert this thread.

Lol

egift:
Instead of putting T. A. Orji on trial or at the least retire him, Ndi Abia decided they rather promote him to the Senate. What a joke. Now see as all the #WailingLooters will desert this thread.

who told you abians 'promoted' him to senate?

That state is FUC'KED! They've not got it right from 1999 to date!! It makes my blood boil when i think of where Abia should be vis-à-vis where they are now!

I had this coming

IGBOSON1:
That state is FUC'KED! They've not got it right from 1999 to date!! It makes my blood boil when i think of where Abia should be vis-à-vis where they are now!

I am happy that most states in the east are now in opposition, no more rigging. Governors would now work in order to be re-elected.

egift:
Instead of putting T. A. Orji on trial or at the least retire him, Ndi Abia decided they rather promote him to the Senate. What a joke. Now see as all the #WailingLooters will desert this thread.

I love ikpeazu's maturity, it's not always easy to probe same party members. It requires time, but it is possible. Like what Gej did to ibori......... Instead of crying about empty treasury, he embarked on projects before opening up.........he can't just leave his promises and pursue Theodore's shadow when there hasn't been any evidence to nail him.... Am really getting convinced that the PDP governors will work more than apc cos they know they are opposition, and will not be pardon if they make mistakes.

After how many days in office? so he is just having a look at what he inherited three months ago.

If this is the excuse he wants to ride on, he should know it's very cheap...and I don't buy cheap things