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Rivers Assembly Approves New N9bn Loan For Wike - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsRivers Assembly Approves New N9bn Loan For Wike (705 Views)

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Rivers Assembly Approves New N9bn Loan For Wike by suasmablow(op):
The Rivers State House Of Loans Approval has
again granted the usual wicked request of
Gov.Nyesom Wike to borrow another N9Billion
from Zenith Bank (Gov.Fayose's election
sponsoring bank).
Recall that the concluding part of the rerun elections in Rivers state is scheduled to hold on July 30th and the Governor has also promised amnesty for his prodigal boys that have so far beheaded over 200 persons in the state.
Recall also that barely three weeks ago, he borrowed N14.6 billion.
From May 29,2015, Gov.Wike has borrowed over N130Billion within intervals not exceeding three weeks with federal allocation and IGR amounting to over N238.7Billion.
Meaning workers and pensioners are still owed till date ranging from six, seven to even a year now, yet He isn't bothered.
This is what the NEW Rivers Vision is all about under Wike.
Rivers State hasn't had it this bad in recent times.
#PrayForRiversState




Source: nigerianpilot.com/rivers-assembly-approves-new-n9bn-loan-wike/

Re: Rivers Assembly Approves New N9bn Loan For Wike by Totino: 8:13am On Jul 12, 2016
Rivers is flowing
Re: Rivers Assembly Approves New N9bn Loan For Wike by Nobody: 8:17am On Jul 12, 2016
wike,the prodigous governor,he spends money lavishly.i tinks all governors re equal by dere cruelty behaviour
Re: Rivers Assembly Approves New N9bn Loan For Wike by naijaGhandi: 8:50am On Jul 12, 2016
If he's using the loans for capital projects, then they will pay up with time, if he's just looting the funds then I don't see how rivers will match Lagos in years to come.
Re: Rivers Assembly Approves New N9bn Loan For Wike by TANTUMERGO007(m): 8:52am On Jul 12, 2016
FOR THE GOOD OF RIVERS STATE
Re: Rivers Assembly Approves New N9bn Loan For Wike by Sant1m: 9:34am On Jul 12, 2016
TANTUMERGO007:
FOR THE GOOD OF RIVERS STATE
Sure, Wike collects an average of 10 billion loan every four month. what a prudent Governor. May Wike manage your investment the way he is handling Rivers finances if you see nothing wrong in this quest for loan. soon it will be loan to buy cutleries.
Re: Rivers Assembly Approves New N9bn Loan For Wike by Tokety7: 10:53am On Jul 12, 2016
Even Amaechi never i his time borrowed this much. Instead of borrowing, Amaechi was saving. For years workers salaries were well paid. This thug keeps on borrowing at a rate no state in the federation is borrowing with little or nothing to showcase. Wike is a curse.
Re: Rivers Assembly Approves New N9bn Loan For Wike by kherington:
most times i wonder what is wrong with our oil producing states so without oil proceeds they cannot think out of the box it's a shame that rivers state is borrowing money every minute what pains me most is the meagre amount it borrows every minute i love my country and i approve this post
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