Wike squanders N60 billion in 30 days...

Wike squanders N60 billion in 30 days...You lend to him at your own risk, Rivers APC tells banks

The Rivers State All Progressives Congress (APC) has accused Chief
Nyesom Wike squandering over N60 Billion in his first 30 days as the
Rivers State Care-Taker Governor.

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 N30B within 30 days
for expenditure without any project attached. Apart from this N30B,
the administration of Rt. Hon. Chbuike Amaechi left the sum of N7.5B,
plus the N23B released to the State from the Federation Account and
Internally Generated Revenue (IGR), making the total funds available
for Wike to squander over N60B within 30 days,” Ikanya said.

He lamented that “within the 30 days, which rank among the worst in
the history of Rivers State, Wike has neither initiated nor embarked
upon any project apart from ordering a trailer load of his favourite
Lexus XIII drink, a bottle of which costs N1.5m, and sharing the
remaining billions of naira with Madam Patience Jonathan, INEC
officials and others that supervised the killing of Rivers State
people so that Wike would become Governor. 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 to improve the standard of living of their people, the Rivers
State Care-Taker 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 within
30days turn Rivers State to one of the dirtiest States in Nigeria
without security and in ensuring that our people now sleep with one
eye opened!”

Continuing, Rivers APC said: “We are reliably informed that Wike is
now at the edge of his seat and is desperate to source for funds by
any means to pay off the money which former First Lady Dame Patience
Jonathan used in installing him as the Governor of Rivers State within
two months instead of the four years spacing as earlier agreed between
them. Dame Patience is said to have said that she can no longer wait
for four years to recoup her investment as she is not sure if Wike
will last as Governor till September, 2015.”

Rivers APC advised banks to stop advancing loans to the Wike
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.

Signed

Chief Eze Chukwuemeka Eze,

SSA on Media and Public Affairs to the State Chairman, APC Rivers State

ENDS

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