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Wike administration left Rivers in debt — Fubara

Governor Siminalayi Fubara of Rivers State has revealed that a huge debt burden was left behind for his administration.

The governor took over from Nyesom Wike, the incumbent Minister of the Federal Capital Territory (FCT), on May 29, 2023, after serving as the state’s Accountant-General.

Speaking at the Ebubu community, the venue of the inauguration of the reconstructed 10.89-km Aleto-Ogale-Ebubu-Eteo Road in Eleme Local Government Area of Rivers State, on Tuesday, Fubara said several contractors who handled different projects for Wike’s administration have been running to him for completion funds.

The governor emphasised that the debt owed contractors amounted to billions, despite the impression created that a clean balance sheet was maintained with contractors.

He said, “This is to let the world know that if there is one problem this administration has, it is the huge debt burden. For most of the projects that are being commissioned, the contractors are coming for their balance payments, and it is running into billions.”

“I have said that I don’t want to talk. I don’t want to talk because I was part of that system. But, when you keep pushing me to talk, I will say it so that the people will know the true situation of things and be properly informed.”

Fubara expressed delight over the commencement of the celebration of his one year in office, going down memory lane to recall how he lived in Eleme when he started off his career.

The governor stated that the road was awarded on August 14, 2023, to China Civil Engineering Construction Corporation (CCECC) at the cost of N6.7 billion.

He said that the completed project now serves as proof that his administration is still focused on delivering development to the people, despite the many troubles thrown at it.

Performing the inauguration of the project, the Abia State Governor, Alex Otti, congratulated Governor Fubara for what he has done in remembering to execute a road project in the Eleme community where he once lived.

 

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Ola Imole
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