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Tuesday, July 16, 2024

What N30 Billion Loan Will Be Used For – Gov. Wike

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Governor Nyesom Wike of Rivers State, through his Special Adviser on Media and Publicity, Mr. Opunabo Inko-Tariah, has pledged that the government’s N30 billion loan will be used to develop the state.

He disclosed to newsmen in Port Harcourt on Thursday, July 2, 2015 that insinuations by the state chapter of the All Progressives Congress that the governor intends to borrow N100 billion were false.

He revealed that there were needs that compelled the government with no option than to take the loan.

“The governor’s actions were based on the necessity, the importance of the project to Rivers people and not whether he will take the credit or not for completing the project,” the Special Adviser said.

He also mentioned that the courts and state house of assembly complexes were closed for up to two years and there was need to renovate them.

“There are so many projects that were abandoned because the contractors were not paid by the previous administration and some of the projects are very important to Rivers people.

“Also, the governor has ordered that the April and May salaries of civil servants be paid,’’ he said.

The governor’s aide stated that the government was reviving payment of overheads to ministries and parastatals.

The government needs the money, according to him, to commence and that is why the governor is seeking the loan.

He finally explained that Governor Wike’s predecessor left no money and that it had to meet the needs of the people.

“The demands are much greater than the resources available,” said Inko-Tariah

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