Connect with us
Advertise With Us

NEWS

Okorocha Govt Owes Banks N12bn, Uzodinma Insists

Published

on

The Imo State All Progressives Congress (APC) governorship candidate, Senator Hope Uzodinma, has countered Governor Rochas Okorocha claims on the economy of the state. He contended that the state owes banks up to the tune of N12 billion.

On Tuesday, Okorocha had declared that he never borrowed a dime from any bank to run his administration and that the state was not indebted to any of them.

Addressing journalists in Owerri, the state capital, Uzodinma stated that the debts owed the banks had forced the government to be diverting the monies accruing to Imo from all sources, including the federation account.

Uzodinma explained that it was verifiable that all the local government funds and statutory allocations were illegally paid into a private account, alleging that “this is to avoid banks that are owed by the state government from recovering their monies.”

The APC governorship candidate pointed out that the first bailout fund to state at the inception of President Muhammadu Buhari administration meant for the payment of pensioners and workers was poorly utilised as pensioners were still being owed, and the workers paid 70 per cent of their monthly salaries.

According to him, any party that produced the next governor of the state in the coming election would face problems created by Okorocha.

Uzodinma said that his outstanding achievement so far was stopping Okorocha’s bid to impose his in-law, Uche Nwosu, as the APC governorship candidate.

Advertisement
Comments

MOST READ

Advertisement

MOST POPULAR

%d bloggers like this: