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Wike Is Borrowing Like The Federal Government - EX-NIMASA DG - Politics - Nairaland

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Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by TheGoodJoe(m): 7:13am On Jul 15, 2021
Former Director-General of the Nigerian Maritime Administration and Safety Agency, Dakuku Peterside countered claims that the Rivers State Government did not owe any bank, adding that the state was the second most indebted state in the country.

Wike had insisted that the state did not owe any bank, even as he challenged any financial institution being owed to come forward.

But the ex-NIMASA boss said, “Rivers State is the second most indebted state in the country. I like to put that fact out. There is a debt management office. You can verify this.

"At the time the last governor left office, Rivers State owed in the neighbourhood of N15bn to N25bn. But as of today, Rivers State owes in excess of N200bn. I am not talking of domestic debt tied to contracts. So, it is (not) wrong to say Rivers State is now borrowing the same way the Federal Government is borrowing.

“The challenge is not that you shouldn’t borrow. What are you borrowing for? How are you spending the money you are borrowing without being able to create an economy for Rivers State? Our economy is not thriving.”

He also said building of flyovers did not mean that the government was successful in the area of infrastructure.

https://punchng.com/peterside-denies-n3-1bn-fraud-says-rivers-second-most-indebted-state/

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Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by Lawlab5: 7:13am On Jul 15, 2021
No wonder
Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by Dmavin: 7:19am On Jul 15, 2021
Mention one politician who doesn't feed on lies
Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by KillMNKnow(f): 7:20am On Jul 15, 2021
undecided
Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by Ahmed0336(m): 7:22am On Jul 15, 2021
Wike will borrow 5 bil, spend 1.5 bil on a project. As for the remaining I don't know. Then he will commission a project and riverians will be calling him Mr project.

The Next Governor of rivers state go hear am, but what do I know since they say Mr project is delivering

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Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by Maxymilliano(m): 7:25am On Jul 15, 2021
He also said building of flyovers did not mean that the government was successful in the area of infrastructure.

Peterside sounds hollow and empty in his criticism. Come to Ogun State and see the nightmare people pass through on daily basis despite the huge debt profile and you'd appreciate what Rivers State Government is doing.
Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by TheGoodJoe(m): 7:29am On Jul 15, 2021
Maxymilliano:


Peterside sounds hollow and empty in his criticism. Come to Ogun State and see the nightmare people pass through on daily basis despite the huge debt profile and you'd appreciate what Rivers State Government is doing.

Because another Governor is not doing anything does not change the fact Wike building eleven flyovers in one local government is not infrastructural development success in Rivers State.

Unfortunately, Dakuku is right here.

Infrastructural development should have a target towards boosting businesses and the economy of the State directly. I do not see that as the case of building 8 flyovers on one road in a City.

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Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by temitope27(m): 7:30am On Jul 15, 2021
He should keep borrowing

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Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by sylarada(f): 7:38am On Jul 15, 2021
Baba don dey face Sapa... wink

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Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by Oxb90: 7:49am On Jul 15, 2021
This man no go live wike alone. Which kain politics Nigerians dey practice def.
Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by vedaxcool(m): 7:54am On Jul 15, 2021
grin grin grin once their favourite thief is involved they raise diversions like perfuming shit.


Maxymilliano:


Peterside sounds hollow and empty in his criticism. Come to Ogun State and see the nightmare people pass through on daily basis despite the huge debt profile and you'd appreciate what Rivers State Government is doing.

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Re: Wike Is Borrowing Like The Federal Government - EX-NIMASA DG by Greatest100(m): 8:01am On Jul 15, 2021
Wike is a one man show Rivers. He does anything he likes. Nobody dare question him. Though he tried when you compare him with some state governors in Nigeria.

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