Vanguard reports that Rivers State Governor Sir Siminalayi Fubara stated that several of the official projects started and carried out by his predecessor, Chief Nyesom Wike, have not yet received full funding. CONTINUE FULL READING>>>>>
Fubara lamented the state’s unpaid debts to multiple contractors, adding that the corporations that the previous administration had neglected to pay are now suing his government to recover their costs.
The governor addressed the audience during the inauguration of Ebubu-Aleto-Eteo in Eleme Local Government Area of the State. The project was officially opened by Governor Alex Otti of Abia State.
Fubara emphasized that transparency has been the guiding principle of his administration, and mentioned that the government has a document that details the expenses of all the projects it has undertaken.
Fubara acknowledged that the main challenge his administration is currently dealing with is the debts accumulated by the previous administration. He noted that even though he was a part of that government, he has reached a breaking point.
He said: “For the records it was awarded to CCECC. It was awarded on the 14th of August by this Administration. As we are going further, we will be going with a white paper to show records and amount. The Project was awarded at the cost of N6.7 billion. I can say boldly that we have paid the contractor completely.
“The intention behind this is to inform the world that the major issue faced by this administration is debt. A significant number of projects that are being initiated require large sums of money for their final payments, which amount to millions and billions.
“I have said I don’t want to talk. I don’t want to talk because I am part of that system but when you keep pushing me, I will say it so that they will see the yansh of the fowl.” CONTINUE FULL READING>>>>>
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