Read the Rivers state government press release below...
Contrary to claims by officials of the outgone administration that it
left N7 billion in the state coffers, Rivers State Governor, Nyesom
Ezenwo Wike has declared that no such money was domiciled in the state
account.
The governor stated that the state’s FAAC account was in debit as at May
29 when he took over the reins of governance in the state.
This is even as the Rivers State Government on Thursday signed a
memorandum of understanding with two construction giants, Julius Berger
and CCECC for the rehabilitation of 33 kilometres of township roads in
Port Harcourt, the state capital.
The Governor stated that from the brief he received from the State
Accountant General after his inauguration, only one revenue account
with Sterling Bank had some funds left by the immediate past
administration.
"I
want to say in good authority that we did not meet any N7 billion as
being speculated. The state's FAAC account as at May 29 was in debit.
That was the briefing I received from the Accountant-General", he said.
The
memorandum of understanding with the two construction giants is in
realisation of the Zero Potholes Programme launched by the
administration on May
29.
While Julius Berger is to
handle the rehabilitation of 11 kilometres of township roads alongside
street lights and traffic lights, the CCECC will handle 20 kilometres
of township roads in Port Harcourt.
He
explained that the state government resolved to work with the
construction giants to rebuild road infrastructure in the state capital
because the revival of facilities in the state capital is beyond
political consideration.
Governor Wike
noted that the funds for the Operation Zero Potholes have been set
aside, hence the signing of the memorandum of understanding to ensure
that the companies conclude work in 120 days.
He promised to personally monitor the execution of the projects by the construction giants.
Speaking further,
Governor Wike explained that his
administration resolved to take the N10b loan with specific focus on key
projects to be implemented. He noted that the request to the state
Assembly was accompanied by all the projects to be executed.
Responding,
Representative of Julius Berger Plc, Mr Marco Braun assured the
Rivers State Government that the project will be completed as
scheduled.
Also speaking, the Representative
of CCECC, Mr Lee Kin Yong expressed happiness that the Chinese company
will be involved in the revival of infrastructure in Rivers State.
The
signing of the memorandum of understanding was supervised by the Rivers
State Attorney-General and Commissioner for Justice, Chinwe Aguma.
Simeon Nwakaudu,
June 18,
2015.
Government House, Port Harcourt.
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