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APC accuses Governor of squandering N120bn in 100 days

The party listed the funds as the N30 billion Wike borrowed upon assumption of office, the N10 billion left by the previous administration and over N80 billion that accrued from IGR and the Federation Account.

 

The All Progressives Congress (APC) in Rivers State has accused Governor Nyesom Wike of squandering over N120 billion in his 100 days in office.

The accusation was contained in a statement by the APC Chairman in the state, Davies Ikanya, on Monday, September 7.

The party listed the funds as the N30 billion Wike borrowed upon assumption of office, the N10 billion left by the previous administration and over N80 billion that accrued from Internally Generated Revenue and the Federation Account.

The statement read, “Chief Wike represents everything that should not be found anywhere near the corridors of power. He personifies inaction, profligacy, corruption, maladministration and vendetta.

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“Wike has not initiated any meaningful project in Rivers State since he forcibly assumed office in May 29th through the blood of Rivers people and in connivance with the corrupt and demented State Resident Electoral Commissioner, Dame Gesila Khan.

“Apart from setting up the vindictive Judicial Commission of Inquiry and awarding contracts to his companies for the filling of potholes in Port Harcourt and Obio Akpor local government areas, Chief Wike cannot justify the expenditure of the N30 billion he borrowed plus the N10 billion left by the administration of Rt. Hon. Chibuike Amaechi and over N80 billion that has accrued to the State through Internally Generated Revenue (IGR) and from the Federation Account.”

The APC further alleged that the completed roads the PDP Governor listed as part of his achievement in 100 days were roads constructed by the Rotimi Amaechi administration, noting that no quality road could be constructed within six month let alone 100 days.

“Today, all the initiatives of the Amaechi administration to curb insecurity in Rivers State have been annulled by Wike and his cohorts.

“The result is that Rivers residents now sleep with two eyes open as kidnapping, such as the case of Vanguard Columnist Donu Kogbara is now the order of the day.”

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The party also criticized Wike for failing to declare his assets contrary to the dictates of the Nigerian Constitution that elected public officers should declare their assets.

It said, “We are, however, not surprised about his reluctance to make his assets public because he knows that if he does so, Rivers people and the entire world would be shocked to know that half of the property in Port Harcourt is owed by Chief Wike and his acolytes due to his greed and insatiable crave for wealth.”

The party lambasted Mr. Wike for refusing to constitute a cabinet, saying the governor preferred “to run the state from his bedroom in collaboration with former first lady, Patience Jonathan and other war lords that installed him as the Rivers State Governor.”

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