"Governor Nyesom Wike has mortgaged the future of Rivers people by his frivolous and ill-motivated borrowing habits" says the Rivers State chapter of the All Progressive Congress, APC.
The APC urged Gov. Wike to stop his worrisome habit. The party further queried what he did with the unprecedented total of N90 billion he has so far obtained as loan since becoming governor.
"These funds have been deployed to questionable projects'', says State APC Publicity Secretary, Chris Finebone. The APC chieftain further
averred that such monies were not deployed for the interest of the people as public servants, pensioners as well as local government
council workers have gone for months without pay.
In a statement, Finebone gave a breakdown of the loans as follows:
June 11, 2015 = N10 billion
June 30, 2015 = N20 billion
July 8, 2015 = N30 billion
Nov. 12, 2015 = N10 billion.
April 8, 2016 = N10 billion.
May 19, 2016 = N10 billion
"Very worrisome is the fact that the governor lavishes a substantial portion of these loans on his personal pursuits and insatiable crave for mundane earthly pleasures and that of his friends.
“The governor shortly after obtaining the first set of loans purchased a needless N300 million luxury armoured mobile office. Even as that insensitive action has since set tongues wagging, the governor took his friends to Spain to watch the decisive UEFA Champions League match between Real Madrid and Wolsburg of Germany followed by a lavish party to celebrate Madrid’s 3-2 aggregate win because the governor is a fan of Real Madrid", Finebone maintains.
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