₦airaland Forum

Dbrainiac1:
Nyesom Wike,Governor of Rivers State has been accused of squandering over N60 billion in his first 30 days as governor of the oil rich state.
The State Chapter of the All Progressives Congress (APC) has disclosed further broke down the expenditure to an average of N2 billion per day.
Rivers APC Chairman, Dr. Davies Ibiamu Ikanya, made the disclosure in a statement he issued on Thursday in Port Harcourt. “In what is clearly a tale of the absurd, Wike’s rubber stamp State House of Assembly has approved a whopping sum of N30bn within 30 days for expenditure without any project attached.
“Apart from this N30bn, the administration of Rt. Hon. Chbuike Amaechi left the sum of N7.5bn, plus the N23bn released to the state from the Federation Account and Internally Generated Revenue (IGR), making the total funds available for Wike to squander over N60bn within 30 days,” Ikanya said.
Ikanya said that while governors of states like Kaduna, Bauchi, Sokoto, Abia, Lagos, Delta and Adamawa that were sworn-in the same date with Wike are initiating and executing projects aimed at improving the standard of living of their citizens, the Rivers State Governor is busy supervising the liquidation of the economy of Rivers state through acts of squandermania unknown to modern governance in the entire world.
“Wike has succeeded in turning Rivers state to one of the dirtiest states in Nigeria and one without security, he has also ensured that our people now sleep with one eye opened!”
Rivers APC advised banks to stop advancing loans to the Wike’s administration as such loans would be difficult to recover if such funds are released without any project attached to them. “The period of sharing Rivers State money among some unscrupulous politicians ceased since 2007 and cannot be reintroduced through the back door,” the party said.
It sympathised with Rivers people on the great tragedy that has befallen them in the person of Wike but appealed to them not to be overly saddened as the rightful Governor, Dr. Dakuku Adol Peterside, is only waiting for the Election Petition Tribunal to throw away the unprepared Wike to enable him assume office and clear the mess that Wike is currently creating in the State.

simeonii:
How did u beat me to No1...u related to Usain Bolt?

The All Progressive Congress (APC) of the rivers chapter have allegated plans by the governor of Rivers State, Ezebunwo Nyesom Wike, to obtain loans of N100 billion from a number of banks in two months. The party says that Wike plans to take the loans in little bits of N10 billion, N20 billion, N30 billion and N40 billion within a shortwhile period.
According to a statement issued in Port Harcourt on Wednesday and signed by the party’s Publicity Secretary in the state, Chris Finebone: “The All Progressives Congress, APC, Rivers State Chapter has uncovered a strategic plan by Governor Nyesom Wike to obtain loans totalling N100b in the few months he is expected to be in power as the governor of Rivers State thereby plunging the state into an abyss of debt and economic servitude. According to the plan, the governor plans to collect the said amount in tranches of N10b, N20b, N30b and N40b within a period of two months.”
It read further: “Information we are privy to strongly indicates that the governor and his men have started negotiation with Heritage and Eco Banks to obtain another loan of N30b in the coming week or so. This will bring the total amount of loan obtained by the embattled governor to N60b in less than 45 days as governor of Rivers State. The APC can only agree that the good people of Rivers State have ended up in the notorious Lagos buses used in robbing unsuspecting citizens popularly called ‘one chance.’ With the short-term Wike-led government of Rivers State, indeed, we have all entered a ‘one chance’ bus.”
“Seriously speaking, it boggles the mind that a sitting governor of a state will embark on such wanton collection of loans by selling the dummy of completing projects to innocent Rivers people without consideration for the long-term negative economic implication of mortgaging the future of the state.
“The question then is: what was the strategic plan of Barr. Nyesom Wike for seeking to govern Rivers State?”
“The APC would like to state that beyond the dummy of borrowing to complete projects which the governor has been selling to Rivers people, the real intention of Governor Wike’s reckless borrowing is to provide funds for his cronies who have started showing signs of disenchantment and the need to deepen his war chest preparatory to a re-run election that is looming,” the statement read.

KingAdeOluomo1:

axiliborha:
Three times in a roll.....FTC am simply the best today......Good goal ahead of me with this FTC that I am winning so.....

Progress2468:
h

tchidi:

Congrats!! Make sure you work o! Not like that prince Chibuzo fella.

Kufie:
Thank God. I'm starting to believe that God is confusing them. We've lost too many people already.

PS: I'm actually the first here? Nice








Are these meaningful contributions to the topic?

Dharniel:
stale means it's old news, get a dictionary...

Expsbterror:
Them no wan gree ney? What's there to accept defeat.? Kai.

BTW A big SHIOR to : Mogidi MemphisDepay Dbrainiac1