May 28, 2024

 

Rivers State Governor, Siminalayi Fubara, has publicly addressed the significant debt burden left by his predecessor, Nyesom Wike, revealing that his administration inherited billions owed to various contractors. This revelation has escalated tensions between the two politicians, shedding light on the financial challenges faced by the state.

During a recent event, Governor Fubara disclosed the mounting pressure from contractors seeking payment for completed projects initiated by the previous administration. This announcement comes amidst Fubara’s pledge to investigate Wike’s eight-year tenure, underscoring the depth of discord between the two political figures.

The previous administration, under Wike, was renowned for its ambitious infrastructure projects, including the construction of numerous flyovers. However, Fubara’s administration is grappling with the financial aftermath, as contractors demand outstanding payments, raising questions about the management of state finances during Wike’s tenure.

In a bid to address these challenges, Governor Fubara announced plans to establish a judicial panel of inquiry to scrutinize the governance practices preceding his administration. This move underscores the seriousness with which the current administration intends to address financial accountability and transparency.

Despite the daunting financial landscape, Fubara’s administration remains committed to delivering on its promises to the people of Rivers State. The recent inauguration of a major road project underscores the government’s dedication to infrastructure development and improving the lives of its citizens.

As tensions escalate between Fubara and Wike, the true extent of Rivers State’s financial challenges comes to light, highlighting the need for responsible governance and fiscal prudence in addressing inherited debts and ensuring sustainable development.

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