‘I inherited huge debt from Wike’s projects’ — Fubara vows to open fowl’s ‘yansh’

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Rivers State Governor Reveals Unpaid Debts on Projects Commissioned by Predecessor

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Governor Sir Siminalayi Fubara of Rivers State has disclosed that numerous projects initiated and commissioned by his predecessor, Chief Nyesom Wike, remain partially unpaid for, leading to mounting debts for the state.

Speaking during the commissioning of the Ebubu-Aleto-Eteo project in Eleme Local Government Area, commissioned by Abia State Governor, Alex Otti, Governor Fubara expressed regret over the indebtedness to contractors, with several firms pursuing his administration for outstanding payments.

Highlighting transparency as a core principle of his tenure, Fubara emphasized the government’s commitment to accountability, citing a white paper detailing the costs of all executed projects.

Attributing the primary challenge facing his administration to inherited debts, Governor Fubara clarified his stance, acknowledging his association with the previous government but asserting his resolve to address prevailing issues.

He remarked, “Our administration has been transparent in its dealings. We have a white paper documenting project costs, such as the Ebubu-Aleto-Eteo project, which was fully paid for at a cost of N6.7 billion.”

Governor Fubara reiterated concerns about outstanding payments to contractors, stressing the financial strain caused by unresolved debts, amounting to millions and billions of naira.

While acknowledging his reluctance to discuss internal matters publicly, Governor Fubara emphasized the necessity of addressing pertinent issues when continually provoked, underscoring his administration’s commitment to transparency and accountability in governance.


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Emman Tochi
Emman Tochihttps://naija247news.com
Emma Tochi is Naija247news Media Northern Bureau Chief, he's based in FCT Abuja. He overseas the northern operations of this business media

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