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Nairaland Forum / Nairaland / General / Politics / 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam (31988 Views)
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'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by ibibiofirstlady(f): 9:45am On Aug 09, 2018 |
Breaking: Akpabio Left 500billion Debt For Udom Emmanuel -Chief Assam Assam: 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. "Now, the money that Governor Udom Emmanuel gave to Julius Berger, the Company decided to redirect whatever monies they got from Udom to offsetting the debts Godswill Akpabio owed the company. I know all these because I was the Attorney-General.” 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. https://tellnaija.com.ng/breaking-akpabio-left-500billion-debt-for-udom-emmanuel-chief-assam-assam/ 7 Likes 2 Shares
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Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Mutemenot(m): 9:49am On Aug 09, 2018 |
Time to expose Akpabio, the new Saint in APC 109 Likes 6 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Nobody: 9:51am On Aug 09, 2018 |
500billion debt? Funkeeee!! Can this be true sha?! He should continue to be investigated, if found guilty, let his as# be fried straight! 30 Likes 1 Share |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Trustme2(m): 9:52am On Aug 09, 2018 |
Nigeria 2 Likes |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Nobody: 9:52am On Aug 09, 2018 |
Trustme2:.....our country! 1 Like 1 Share |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by elgramz: 9:52am On Aug 09, 2018 |
Allegation go begin fly up and down now 1 Like |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by ibibiofirstlady(f): 9:53am On Aug 09, 2018 |
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 147 Likes 11 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by AGNESikpuNNU(f): 9:53am On Aug 09, 2018 |
Saint Akpabio ... Oooorapro-nobis 51 Likes 3 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by milemimi93(m): 9:54am On Aug 09, 2018 |
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. 45 Likes 6 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by TonyeBarcanista(m): 9:55am On Aug 09, 2018 |
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 80 Likes 1 Share |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by TonyeBarcanista(m): 9:56am On Aug 09, 2018 |
milemimi93:So you know pass Attorney General wey serve under Akpabio abi? 94 Likes 7 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by madamgrace: 9:58am On Aug 09, 2018 |
Akpabio should be arrested immediately. He is a disgrace to Akwa Ibom state 41 Likes 2 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Butterflyleo: 9:58am On Aug 09, 2018 |
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? 11 Likes |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by milemimi93(m): 9:59am On Aug 09, 2018 |
ibibiofirstlady: 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! 8 Likes |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by milemimi93(m): 10:01am On Aug 09, 2018 |
madamgrace: what are you waiting for? 4 Likes 1 Share |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by HappyNigerian: 10:02am On Aug 09, 2018 |
Akpabio is disgracing himself 10 Likes 1 Share |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by milemimi93(m): 10:05am On Aug 09, 2018 |
TonyeBarcanista: 2 Likes |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by TonyeBarcanista(m): 10:06am On Aug 09, 2018 |
Butterflyleo:Read the link you posted. Money owed "Banks" is not same as debt owed contractors 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 That is from your Premium times link 23 Likes 3 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Butterflyleo: 10:07am On Aug 09, 2018 |
TonyeBarcanista: 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 6 Likes |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by TonyeBarcanista(m): 10:07am On Aug 09, 2018 |
milemimi93: milemimi93:Dude, why are you making yourself an enemy of Akwa Ibom state? 2 Likes 2 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Butterflyleo: 10:07am On Aug 09, 2018 |
TonyeBarcanista: And what did the guardian link say? 1 Like |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by TonyeBarcanista(m): 10:10am On Aug 09, 2018 |
Butterflyleo:The Guardian link is an opinion of a former spokesman of Akpabio. Yet, he dodged the main subject. It isn't admissible 5 Likes 2 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by TonyeBarcanista(m): 10:12am On Aug 09, 2018 |
Butterflyleo: 8 Likes 3 Shares
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Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by HappyNigerian: 10:14am On Aug 09, 2018 |
milemimi93:stop writing trash 2 Likes |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by milemimi93(m): 10:15am On Aug 09, 2018 |
TonyeBarcanista: 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. 5 Likes 1 Share |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Butterflyleo: 10:21am On Aug 09, 2018 |
TonyeBarcanista: 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 8 Likes 2 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Penaldo: 10:28am On Aug 09, 2018 |
milemimi93:APC can never defeat Udom even if they have 100 Akpabios 11 Likes 1 Share |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Racoon(m): 10:34am On Aug 09, 2018 |
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.APC 4 Likes 2 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by TonyeBarcanista(m): 10:36am On Aug 09, 2018 |
Butterflyleo: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. 13 Likes 2 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by TonyeBarcanista(m): 10:37am On Aug 09, 2018 |
milemimi93:Udom will humble Akpabio like Obiano did Obi. 12 Likes 2 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Nobody: 10:54am On Aug 09, 2018 |
milemimi93:udom is industializing d state: agricultural products r now grown internal,peacock paint,toothpick factory,pencil factory,syringe factory,ethanol factory, poultries,medular refinery,coconut refinery, working so so hard in making d ibaka deep sea port a reality despite d lies akpabio was telling us that he will complete it b4 2015 note akpabio is a fvcking greedy,self centred,paedophile man( he relocated akutech frm an ibibio community to anang community, mopol base he took it to his village opposite his own house, fed poly that was allocated to d state he took it to is village, despite having d state poly at ikot ekpene not too far from his town 6 Likes 2 Shares |
Re: 'Akpabio Left N500bn Debt, Petitioned EFCC To Freeze State Account'- Assam Assam by Butterflyleo: 11:03am On Aug 09, 2018 |
TonyeBarcanista: Will you just shut it already. The last part of your comment is merely a shot in the dark and a desperate word from a serial looser such as you are. Why not go for the word of the States accountant general rather than that of an attorney. People just throw figures around in a desperate bid to get gullible and unthinking souls such as yours to swallow it all. I asked you a question. HOW MUCH WAS THE IGR OF AKWA IBOM in the time of Akpabio? Do you not realise that for any credit facility to be giving to you, your IGR must be within certain limits? How many years did Akpabio govern AKS? If he was there for 8 years and the yearly IGR was less than 50 billion a year then it would take the entire 8 years for them to make 400billion as a state and that would only be possible if they did not embark on any infrastructural development and you and I know that infrastructure was not neglected in the time of Akpabio which is why the people still.love him till today. How then was he able to generate a dept of 500b in the face of what I just showed you? He awarded a contract to Ben Bruce which Bruce collected monies and abandoned. Udom instead of going after Bruce chose to keep quiet because Bruce is in his party. I repeat, the real criminal here is Udom who has clearly been indicted with the Julius berger contract scandal and the Ben Bruce issue amongst other things. He rather hides behind "Akpabio left me with so much dept" in order not to get anything done while he pockets as much as possible and passes the blame to Akpabio. As at 2013 the debt Akwa ibom owed was $61.6 million which if we go by the exchange rate as at 2013 which was 1 dollars to 161 naira that would amount to 10 billion naira dept as at 2013. Akpabio was governor from 2007 to 2015 and if the dept as at 2013 was 10 billion naira, how then did it jump to 500 billion in 2 years lying tonye? The day you will quit deceiving yourself will be the day all you stand for politically would begin to make some headway. 5 Likes 2 Shares |
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