PORT HARCOURT—Former Rivers State
Governor, Chibuike Amaechi has said he left a balance of between eight to ten
billion naira for his successor, Governor Nyesom Wike.
Wike and Amaechi
In a statement from his from his
media office yesterday, the former governor denied that he handed over an empty
treasury to his successor.
The statement by the former
Governor’s media office, yesterday, revealed that a total of N7.5 billion cash
was left behind as balances in the State Internally Generated Revenue, IGR,
account with Skye Bank, FAAC account with Zenith Bank, balances with Access
Bank and funds in the State reserve fund account in First Bank.
“This is besides other balances in
the state Government House account with Zenith Bank and other government MDA
accounts, like the Bureau for Public Procurement, BPP. By the time you pull all
these together, we are looking at readily available cash in the region of eight
to ten billion naira left for the Wike administration.”
“It’s also pertinent to point out
here that former governor Amaechi also left economic assets worth tens of
billions of naira for the state. Just like cash, the assets store value. These
assets that are scattered in diverse sectors of the economy were developed or
built or procured with revenue that accrued to the state during Amaechi’s
tenure. The assets belong to Rivers State, not Amaechi. Some of these assets
are presently yielding revenue to the state coffers, and many can be easily and
readily converted to cash, if the State so desires.
“It is therefore disingenuous and
fraudulent for Wike to claim that Amaechi left an empty treasury in his bid to
justify the N30 billion loans he collected under 30 days in office. Rather than
this puerile and silly distraction of always pointing accusing fingers at
Amaechi, Wike should come out to explain to Rivers people what he took the
loans for, account for and justify every kobo that has been spent from the
loans”, the statement concluded.
But media aide to governor Nyesom
Wike, Mr Opunabo Nko-Tariah, described the claim by the former governor as
another tissue of lies, stressing that if he left what he claimed how come
civil servants, pensioners , footballers, contractors were owed by his
government.
He said even students on the state
scholarship program overseas were almost sent out of the classroom over unpaid
fees, adding that the issue was not all about empty treasury alone as
properties in Government House, Port Harcourt were allegedly looted before the
handover date of May 29..
Governor Wike had consistently
maintained that he met a completely empty treasury when he took over as
governor.
Only on Wednesday, while trying to
justify why he took a total of N30 billion bank loans from Zenith and Access
banks under 30 days in office, Wike had through his spokesman, Opunabo
Inko-Tariah told a radio station in Port Harcourt that he met an empty treasury
when he took over government.
However, Amaechi has openly put a
lie to Wike’s claim, saying he left billions of naira in cash and economic
assets for Rivers State.
- See more at:
http://www.vanguardngr.com/2015/08/i-left-n10bn-for-my-successor-amaechi/#sthash.NyUlqQbu.dpuf
PORT
HARCOURT—Former Rivers State Governor, Chibuike Amaechi has said he
left a balance of between eight to ten billion naira for his successor,
Governor Nyesom Wike.
In a statement from his from his media office yesterday, the former
governor denied that he handed over an empty treasury to his successor.
The statement by the former Governor’s media office, yesterday, revealed that a total of N7.5 billion cash was left behind as balances in the State Internally Generated Revenue, IGR, account with Skye Bank, FAAC account with Zenith Bank, balances with Access Bank and funds in the State reserve fund account in First Bank.
“This is besides other balances in the state Government House account with Zenith Bank and other government MDA accounts, like the Bureau for Public Procurement, BPP. By the time you pull all these together, we are looking at readily available cash in the region of eight to ten billion naira left for the Wike administration.”
“It’s also pertinent to point out here that former governor Amaechi also left economic assets worth tens of billions of naira for the state. Just like cash, the assets store value. These assets that are scattered in diverse sectors of the economy were developed or built or procured with revenue that accrued to the state during Amaechi’s tenure. The assets belong to Rivers State, not Amaechi. Some of these assets are presently yielding revenue to the state coffers, and many can be easily and readily converted to cash, if the State so desires.
“It is therefore disingenuous and fraudulent for Wike to claim that Amaechi left an empty treasury in his bid to justify the N30 billion loans he collected under 30 days in office. Rather than this puerile and silly distraction of always pointing accusing fingers at Amaechi, Wike should come out to explain to Rivers people what he took the loans for, account for and justify every kobo that has been spent from the loans”, the statement concluded.
But media aide to governor Nyesom Wike, Mr Opunabo Nko-Tariah, described the claim by the former governor as another tissue of lies, stressing that if he left what he claimed how come civil servants, pensioners , footballers, contractors were owed by his government.
He said even students on the state scholarship program overseas were almost sent out of the classroom over unpaid fees, adding that the issue was not all about empty treasury alone as properties in Government House, Port Harcourt were allegedly looted before the handover date of May 29..
Governor Wike had consistently maintained that he met a completely empty treasury when he took over as governor.
Only on Wednesday, while trying to justify why he took a total of N30 billion bank loans from Zenith and Access banks under 30 days in office, Wike had through his spokesman, Opunabo Inko-Tariah told a radio station in Port Harcourt that he met an empty treasury when he took over government.
However, Amaechi has openly put a lie to Wike’s claim, saying he left billions of naira in cash and economic assets for Rivers State.
- See more at: http://www.vanguardngr.com/2015/08/i-left-n10bn-for-my-successor-amaechi/#sthash.NyUlqQbu.dpuf
Wike and Amaechi
The statement by the former Governor’s media office, yesterday, revealed that a total of N7.5 billion cash was left behind as balances in the State Internally Generated Revenue, IGR, account with Skye Bank, FAAC account with Zenith Bank, balances with Access Bank and funds in the State reserve fund account in First Bank.
“This is besides other balances in the state Government House account with Zenith Bank and other government MDA accounts, like the Bureau for Public Procurement, BPP. By the time you pull all these together, we are looking at readily available cash in the region of eight to ten billion naira left for the Wike administration.”
“It’s also pertinent to point out here that former governor Amaechi also left economic assets worth tens of billions of naira for the state. Just like cash, the assets store value. These assets that are scattered in diverse sectors of the economy were developed or built or procured with revenue that accrued to the state during Amaechi’s tenure. The assets belong to Rivers State, not Amaechi. Some of these assets are presently yielding revenue to the state coffers, and many can be easily and readily converted to cash, if the State so desires.
“It is therefore disingenuous and fraudulent for Wike to claim that Amaechi left an empty treasury in his bid to justify the N30 billion loans he collected under 30 days in office. Rather than this puerile and silly distraction of always pointing accusing fingers at Amaechi, Wike should come out to explain to Rivers people what he took the loans for, account for and justify every kobo that has been spent from the loans”, the statement concluded.
But media aide to governor Nyesom Wike, Mr Opunabo Nko-Tariah, described the claim by the former governor as another tissue of lies, stressing that if he left what he claimed how come civil servants, pensioners , footballers, contractors were owed by his government.
He said even students on the state scholarship program overseas were almost sent out of the classroom over unpaid fees, adding that the issue was not all about empty treasury alone as properties in Government House, Port Harcourt were allegedly looted before the handover date of May 29..
Governor Wike had consistently maintained that he met a completely empty treasury when he took over as governor.
Only on Wednesday, while trying to justify why he took a total of N30 billion bank loans from Zenith and Access banks under 30 days in office, Wike had through his spokesman, Opunabo Inko-Tariah told a radio station in Port Harcourt that he met an empty treasury when he took over government.
However, Amaechi has openly put a lie to Wike’s claim, saying he left billions of naira in cash and economic assets for Rivers State.
- See more at: http://www.vanguardngr.com/2015/08/i-left-n10bn-for-my-successor-amaechi/#sthash.NyUlqQbu.dpuf
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