Trustme2:
Nigeria

milemimi93:
So because Akpabio has decamped y'all started counting his flaws? Why didn't this news come up when Akpabio was in PDP?

Y'all try harder.

Sai baba 2023.

Akpabio 2023.

ibibiofirstlady:
Akpabio after destroying our state you now want to sabotage us just to blackmail Udom. It shall not be well with you. Udom is working

madamgrace:
Akpabio should be arrested immediately. He is a disgrace to Akwa Ibom state

TonyeBarcanista:
Akpabio sef no try.

You put state for huge debt yet you still use EFCC Freeze the account completely. Haba! What has Udom done to you?

Meanwhile, it's Udom till 2023

Butterflyleo:
Even you Tonyebarcanista can believe this lie?

Ibibiofirstlady your pain is tangible and I am sorry for you.

Here is a report exposing your lies and actually confirming the debt left by Akpabio which is about 60billion and not your lies of 500billion.

Read and stop your lies

https://guardian.ng/opinion/akwa-iboms-debt-burden/amp/

https://www.premiumtimesng.com/news/top-news/202681-former-gov-akpabio-left-n64-5-billion-debt-akwa-ibom-commissioner.html


For the others who refused to research before commenting, this is why you will remain gullible in the hands of politicians and PDP propaganda miscreants

Premium times and guardian are better sources for news than tellnaija.com

What is even tellnaija.com?

The Akwa Ibom State government owed commercial banks N64.5 billion when Udom Emmanuel took over from Godswill Akpabio as governor, the state Commissioner for Finance, Akan Okon, has said

TonyeBarcanista:
So you know pass Attorney General wey serve under Akpabio abi?

milemimi93:


what are you waiting for?

milemimi93:


Hey!
How much are u been paid to post this trash?

When last did you go to AKS? Haven't u seen what Akpabio did? The roads, free and mandatory education and all that?

What has ur Udom done?

Udom that stole billions in the name of building a state house in Lagos.


Park well!

TonyeBarcanista:

Read the link you posted.

Money owed "Banks" is not same as debt owed contractors



That is from your Premium times link

Butterflyleo:


And what did the guardian link say?

Butterflyleo:


I have lost the minute vestiges of hope I had in you right now.

So you are part of the propaganda machine of lies and fabrications tonye?

You are shameless. No wonder all the candidates you keep pushing forward with glowing articles and political decorations always fail.

Its because even you can never be sincere and bold enough to stand for what is right. You only seek after your own good so are ready to sell yourself and your services for a dime a meal.

Shame on you

milemimi93:


Hey!
How much are u been paid to post this trash?

When last did you go to AKS? Haven't u seen what Akpabio did? The roads, free and mandatory education and all that?

What has ur Udom done?

Udom that stole billions in the name of building a state house in Lagos.



Park well!

TonyeBarcanista:

Dude, why are you making yourself an enemy of Akwa Ibom state?

TonyeBarcanista:
The Guardian link is an opinion of a former spokesman of Akpabio. Yet, he dodged the main subject.


It isn't admissible

milemimi93:


Always make ur research before postin trash.

There was no debt of 500b.

I wish well for AKS and Akwa Ibomites that's why I support Akpabio for defectin to APC.

This is the best thing he has ever done for Akwa Ibomites.

Come next year, APC WILL take over AKS.

Enough is enough.

Former Attorney General of the State stated this while responding to questions on Channels TV. “At the coming of this present administration, the debt profile of Akwa Ibom State stood at about N500 billion. Godswill Akpabio had owed Julius Berger about N58 billion. At a point, Julius Berger had locked the Ibom International Stadium, preparatory to an important match.

"...Speaking further he said, “Akpabio wrote petitions to EFCC to lock Akwa Ibom State Government accounts” –Chief Assam Assam, Senior Advocate of Nigeria on CHANNELSTV.

Butterflyleo:


Tonye government does not pay contractors directly . Even you should know this elementary thing.

If monies owed banks were for projects not yet completed then what and where did the other 440billion come from? From mars? From external lenders outside Nigeria?

You shock me! You are not supposed to reason like a child but you are.

All state contractors are paid through banks and where the financial capacity of the state is stretched, they turn to banks who help offset such burdens and that is where the debt of 64billion came from.

How much did Akwa ibom have as its state reserves viz a viz IGR prior to bank loans?

Did they have over 400billion?

Is Akwa ibom Lagos? Even Lagos as the main commercial hub In Nigeria cannot boast of more than 100b IGR every quarter while Akwa ibom has about 60billion IGR A YEAR and this is even recent. In the time of Akpabio it was even less because that was when he was trying to put AKS on the map.

Use your head and stop sounding silly

milemimi93:


Always make ur research before postin trash.

There was no debt of 500b.

I wish well for AKS and Akwa Ibomites that's why I support Akpabio for defectin to APC.

This is the best thing he has ever done for Akwa Ibomites.

Come next year, APC WILL take over AKS.

Enough is enough.

milemimi93:


Hey!
How much are u been paid to post this trash?

When last did you go to AKS? Haven't u seen what Akpabio did? The roads, free and mandatory education and all that?

What has ur Udom done?

Udom that stole billions in the name of building a state house in Lagos.



Park well!

TonyeBarcanista:

Bros you just write thrash. Kai jama!


1. When contractors successfully bid for projects, government pays them a certain percentage as "mobilisation fee". They get their full payment after job is done.

States normally get their monies through statutory allocation, excess crude account sharing, IGR, refunds etc. However, some go to bank to get loan to fund projects that their revenues can't take. Monies collected from these banks or financial institutions is what is considered as DEBT OWED BANKS (in layman parlance). It isn't money owed contractors.!

Most Governors will embark on projects, approve large sums, divert the sums to personal account instead of contractors and push the burden to successors.