20 C
Sunday, May 19, 2024

Wike Reveals How Much Debt He Inherited From Amaechi

Must read


The Rivers State Governor, Nyesom Wike has disclosed that he inherited N37.9bn debt from the administration of his predecessor, Rotimi Amaechi.

Wike made the disclosure while reacting to Amaechi’s criticisms of his administration at an occasion where he celebrated his (Amaechi) 52nd birthday in Port Harcourt, the state capital.

Speaking in a live radio interview in Port Harcourt, Wike said Amaechi merely returned to the state to launder his image, following the collapsed All Progressives Congress, APC, structure.

Wike also reiterated that his administration would continue to deliver projects that would improve the living condition of the Rivers people.

“We inherited N14.7 billion as salaries and pensions from the Amaechi administration, which we cleared; N23.2 billion bank loan was also inherited and cleared by us

“Another agriculture loan obtained by that administration was cleared by my administration. When I was chief of staff to Amaechi, all council chairmen and commissioners were paying N3 million and N2 million, respectively, to Amaechi’s wife monthly.”

Noting that APC was dead in Rivers, Wike stated that plot to use security agencies to rig the 2019 election will not work, “as the people would resist any form of electoral robbery.”


- Advertisement -spot_img

Latest article