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APC condemns alleged attempts by Wike to borrow another N10bn loan
 
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Sun, 15 Nov 2015   ||   Nigeria,
 

By Nwaorgu Faustinus

The Rivers State chapter of the All Progressives Congress (APC), has said its attention has been drawn to alleged surreptitious and illegal attempts by the annulled Rivers State government led by Gov Nyesom Wike to obtain another N10billion loan from banks under the false pretence of using such a loan to provide infrastructure.

The APC in a statement signed by its Spokesman, Mr Chris Finebone said: "This development was brought to the attention of the APC by the Rivers Progressive Forum (RPF), an organisation that pursues the advancement of good governance in Rivers State and the advancement of the welfare of Rivers people.

The APC also expressed happiness that the RPF has in its possession and is about to publish copies of the 'rogue letters' written by the Wike's government to banks, requesting for the loan and pressurising them for various waivers in what the RPF refers to as borrowing Rivers people into perpetual penury.

The APC condemned act of criminality by the Rivers State governor and his clique of co-travellers.

"We believe that no one will still be in doubt that the Wike administration in Rivers State is only out to defraud Rivers people of their commonwealth because this cannot be an auspicious time for a government whose existence has been annulled by the tribunal to embark on borrowing even when Federal allocations have significantly shot up since President Muhammadu Buhari assumed office," he said.

 

 

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