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Nairaland Forum / Nairaland / General / Politics / Wike Squanders N105m To Watch Uefa Final And N10 To Host Pdp Convention (568 Views)
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Wike Squanders N105m To Watch Uefa Final And N10 To Host Pdp Convention by Nobody: 12:00pm On May 21, 2016 |
The Rivers State Chapter of All Progressives
Congress has noted with sadness that the Governor
of Rivers State, Chief Nyesom Wike Thursday
sought and received approval by the Rivers State
House of Assembly to obtain yet another N10 billion
loan from a commercial bank adding that while
reasons (howbeit superficial) were given for the
loans in the past, this time no reason was attached
to the loan request before the RSHA approved it.
In a release signed by the APC Publicity Secretary,
Senibo Chris Finebone, the party recalled that
“barely 13 days after his swearing in, Governor
Nyesom Wike on the 11th of June, 2015 took a loan
of N10 billion claiming same to be for provision of
infrastructure in the State. Again on 30th June, 2015
he obtained a N20 billion loan from a commercial
bank. This was followed with another loan of N30
billion on the 8th of July. Not done yet, the governor
obtained yet another loan of N10 billion on the 12th
of November, 2015. This was later followed with
another loan of N10 billion the governor obtained on
the 8th of April, 2016. At the risk of losing count on
the total loan profile of Gov. Nyesom Wike, records
show that the governor has obtained an
unprecedented total of N90 billion as loan since
becoming governor of Rivers State.”
The APC stressed that with the obvious
questionable deployment of these loans by the
governor, it is clear to all that the future of Rivers
people, their living and unborn children has eternally
been mortgaged by a governor driven by selfish,
vainglorious and ignoble motives.
The statement reads: “Very worrisome is the fact
that the governor lavishes a substantial portion of
these loans on his personal pursuits and insatiable
crave for mundane earthly pleasures and that of his
friends.
“The governor shortly after obtaining the first set of
loans purchased a needless N300 million luxury
armoured mobile office. Even as that insensitive
action has since set tongues wagging, the governor
took his friends to Spain to watch the decisive UEFA
Champions League match between Real Madrid and
Wolsburg of Germany followed by a lavish party to
celebrate Madrid’s 3-2 aggregate win because the
governor is a fan of Real Madrid. For now, the
governor and his friends have concluded plans to
spend another N105 million ($300,000.00) to go and
watch UEFA Champions League final slated for May
28, 2016 in Milan, Italy. Already, groups in Rivers
State are threatening resistance to such profligacy
by government in the face of hard times the people
are going through.
“Back home, public servants and pensioners have
gone for months without pay. Local government
workers are crying for help because they have not
been paid salaries. While the past administration of
Rt. Hon. Chibuike Rotimi Amaechi took payment of
teachers off the local councils to free up money to
pay salaries of council workers and provision of
other services by the councils, Gov Nyesom Wike
has pounced on council funds and is merely giving
out handouts to his Caretaker Chairmen, money not
enough for the greed of the Chairmen.
“The APC particularly notes with dismay that this
latest N10 billion loan is for the governor to write off
the cost of hosting the Peoples Democratic Party
national convention slated for Saturday, 21st May,
2016 in Port Harcourt.
“We condemn this action by the governor. We do
not understand why the governor of a richer state
like Akwa Ibom chose not to provide such
imprudent benevolence to the PDP. It can only be
the product of a fiendishly ambitious mind hoping to
ride into powerful prominence within the PDP milieu.
But unknown to Gov. Wike, his ambition and the
future of the severely torn PDP umbrella will be
buried come Saturday. It needs reminding the
governor that vanity upon vanity all come to vanity.
“The APC wishes to call on banks offering endless
loans to Gov. Nyesom Wike to desist forthwith.
Surprisingly, the government is backing such loans
with dubious collateral security to the knowledge of
the bank officials. Rivers State future federal
allocations have already been mortgaged up to 2019
as collateral security for earlier loans taken by Gov
Wike; so is the Internally Generated Revenue (IGR)
of the State. It can only be for reasons of complicity
to dupe Rivers people that any bank should be
willing to lend money to the governor at this time.
Such banks will, in fullness of time, discover that
their seemingly water-tight connivance with Gov.
Nyesom Wike is not as tight as perceived after all.
“The APC also calls on the Hon. Minister of Finance,
the Federal Accounts Allocation Committee (FAAC)
and all other relevant entities to strictly enforce
regulations that protect the peoples’ money from
the shackles of shylock governors like Chief
Nyesom Wike. No governor should be allowed to
mortgage the future of the people the way Gov. Wike
is doing.”
|
Re: Wike Squanders N105m To Watch Uefa Final And N10 To Host Pdp Convention by kajoula(m): 12:02pm On May 21, 2016 |
The Rivers State Chapter of All Progressives Congress has noted with sadness that the Governor of Rivers StateAccepte [size=18pt]APC nor dey ever get shame.. Firstly let them talk about Rotimi Amaechi's fund towards Buhari's Presidential Campaign... That Buhari too will always intensify cases that are anti-APC but will never probe his own campaign funding. Silly-poo's [/size] |
Re: Wike Squanders N105m To Watch Uefa Final And N10 To Host Pdp Convention by saaedlee: 12:06pm On May 21, 2016 |
Hmmm |
Re: Wike Squanders N105m To Watch Uefa Final And N10 To Host Pdp Convention by globe16: 12:13pm On May 21, 2016 |
Last I checked, APC was non existent in rivers state.. Let them first ask ameachi about the monorail fraud and the billions of rivers state money used to campaign for Buhari before Rivers people begin to take them serious 1 Like |
Re: Wike Squanders N105m To Watch Uefa Final And N10 To Host Pdp Convention by cckris: 12:16pm On May 21, 2016 |
Buhari squanders 850 billion naira, travelling with large entourage in 33 foreign trips, unsuccessfully trying to obtain Loans with which to fund his dubiously PADDED 2016 Budget. No one grants any Loans as they see his Government is FANTASTICALLY CORRUPT, with very corrupt caucus of Amaechi, Tinubu, Obasanjo, Atiku, & others. |
Re: Wike Squanders N105m To Watch Uefa Final And N10 To Host Pdp Convention by kingsman66(m): 2:04pm On May 21, 2016 |
op this your story is equivalent to false...... well am nt surprise at all |
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