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Home / News / Nyesom Wike Squandered Over N120bn In 100 Days – Rivers APC

Nyesom Wike Squandered Over N120bn In 100 Days – Rivers APC


wikeGovernor Nyesom Wike of Rivers State has been accused by the state chapter of the All Progressives Congress (APC), of allegedly squandering over N120 billion during his first 100 days in office.

Dr Davies Ikanya, Chairman of APC, in a statement on Monday said Governor Wike who is a member of the Peoples Democratic Party (PDP) had been merely engaging in falsehood and propaganda.

The party alleged that the money included N30 billion which Wike borrowed shortly after assuming office, the N10 billion left by the previous administration and over N80 billion that accrued from Internally Generated Revenue and the Federation Account.

The party said, “Chief Wike represents everything that should not be found anywhere near the corridors of power. He personifies inaction, profligacy, corruption, maladministration and vendetta.

“Wike has not initiated any meaningful project in Rivers State since he forcibly assumed office on May 29th through the blood of Rivers people and in connivance with the corrupt and demented State Resident Electoral Commissioner, Dame Gesila Khan.”

“Apart from setting up the vindictive Judicial Commission of Inquiry and awarding contracts to his companies for the filling of potholes in Port Harcourt and Obio Akpor local government areas, Chief Wike cannot justify the expenditure of the N30 billion he borrowed plus the N10 billion left by the administration of Rt. Hon. Chibuike Amaechi and over N80 billion that has accrued to the State through Internally Generated Revenue (IGR) and from the Federation Account.”

The APC alleged that the governor presented roads constructed by Mr. Amaechi as those he constructed in the last 100 days in office, noting that no quality road could be constructed within six months let alone 100 days.

It also accused the governor of sponsoring a media war aimed at disparaging and decimating Mr. Amaechi’s character as well as visiting various churches to pray for forgiveness for the 100 people killed in the state in order to assume office.

The party said Wike could only boast of increase of insecurity, kidnapping, robbery and other criminal activities associated with a visionless administration.

“Today, all the initiatives of the Amaechi administration to curb insecurity in Rivers State have been annulled by Wike and his cohorts,” it said.

“The result is that Rivers residents now sleep with two eyes open as kidnapping, such as the case of Vanguard Columnist Donu Kogbara is now the order of the day.”

APC also berated Wike for failing to declare his assets contrary to the dictates of the Nigerian Constitution that elected public officers should declare their assets.

It said, “We are, however, not surprised about his reluctance to make his assets public because he knows that if he does so, Rivers people and the entire world would be shocked to know that half of the property in Port Harcourt is owned by Wike and his acolytes due to his greed and insatiable crave for wealth.”

The party lambasted Wike for refusing to constitute a cabinet, saying the governor preferred “to run the state from his bedroom in collaboration with former first lady, Patience Jonathan and other warlords that installed him as the Rivers State Governor.”




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