Gov. Wike Has Squandered Over N120bn In 100 Days’- Rivers APC

Governor 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.

The APC, in a statement on Monday by its chairman, Davies Ikanya, 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 Mr. 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 in 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.”