Nyesom Wike

The State Chapter of the All Progressives Congress (APC) alleged the expenditure amounts to an average of N2 Billion per day.

Rivers APC Chairman, Dr. Davies Ibiamu Ikanya, made the allegation in a statement he issued on Thursday in Port Harcourt.

“In what is clearly a tale of the absurd, Wike’s rubber stamp State House of Assembly has approved a whopping sum of N30 billion within 30 days for expenditure without any project attached.

“Apart from this N30billion, the administration of Rt. Hon. Chibuike Amaechi left the sum of N7.5B, plus the N23billion released to the State from the Federation Account and Internally Generated Revenue (IGR), making the total funds available for Wike to squander over N60billion within 30 days,” Ikanya said.

Ikanya said that while governors of States like Kaduna, Bauchi, Sokoto Abia, Lagos, Delta and Adamawa that were sworn-in on the same date with Wike are initiating and executing projects aimed at improving the standard of living of their people, the Rivers State Governor is busy supervising the liquidation of the economy of Rivers State through acts of squandamania unknown to modern governance in the entire world.

Wike has succeeded within 30days to turn Rivers State to one of the dirtiest States in Nigeria without security and in ensuring that our people now sleep with one eye opened!”

Rivers APC advised banks to stop advancing loans to the Wike administration as such loans would be difficult to recover if such funds are released without any project attached to them.

“The period of sharing Rivers State money among some unscrupulous politicians ceased since 2007 and cannot be reintroduced through the back door,” the party said.