Fubara Vs Wike: Rivers Gov Dares Critics Over Administration’s Excessive Borrowing To Fund Projects
- The governor of Rivers state has finally addressed the allegations surrounding his administration's loan for infrastructure projects
- Fubara clarified that his administration has not been borrowing excessively, but only obtained a N200 billion loan for the construction of a major road project
- Governor Fubara, during the inauguration of the 11.8km Okehi-Umuola-Eberi road, accused critics of attempting to undermine his administration’s efforts, and also challenged them
Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.
Governor Siminalayi Fubara of Rivers state clarified on Wednesday, December 4, that his administration has not been borrowing to fund governance, contrary to reports making the rounds in some quarters.
Fubara addresses allegations of excessive borrowing
Governor Fubara noted that the only loan obtained by his administration was a N200 billion facility earmarked for the construction of the ring road project, an over 50km dual carriageway that will connect six local government areas in the state.
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As reported by Channels TV, Fubara challenged critics to verify his clarification with the Debt Management Office (DMO).
He made the clarification on Wednesday, during the inauguration of the 11.8km Okehi-Umuola-Eberi road, a vital link between two sister local government areas of Etche and Omuma.
The governor reaffirmed his administration’s commitment to ensuring the happiness and development of Rivers state residents.
Meanwhile, Nyesom Wike, the minister of the Federal Capital Territory (FCT) and his successor, Fubara, have been in a long battle over the control of Rivers state.
Read more about Rivers crisis, Fubara here:
- Court overturns suspension of pro-Fubara federal lawmaker from PDP
- Fubara vs Wike: Ex-president Jonathan sings praises of Rivers gov, declares him ‘general’
- Rivers crisis: US, UK told to withdraw visa from Fubara, Nigerian judges, reason emerges
APC warns Fubara against blackmailing Tinubu, Wike
In another development, Legit.ng reported that the APC reacted to the recent judgment stopping allocation to Rivers state.
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APC said it would stand by the court's judgment according to “Sections 120, 121, and 122" of the constitution.
The APC chairman in Rivers state, Sir Tony Okocha, said the political crisis rocking the state was between Governor Sim Fubara and Nyesom Wike.
Proofreading by Nkem Ikeke, journalist and copy editor at Legit.ng.
