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Imo State Is Indebted To Over 500B Naira- Guardian News - Politics - Nairaland

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Imo State Is Indebted To Over 500B Naira- Guardian News by Ihedioha2015: 9:44am On Jul 12, 2015
State Governor, Rochas Okorocha, and former Deputy Speaker of the House of Representatives, Emeka Ihedioha, are back to the trenches in their war of words following Ihedioha’s call on the former to account for the N500 billion loan he allegedly obtained from banks since he could not pay workers.

However, in a statement at the weekend by his Chief Press Secretary, Mr. Sam Onwuemeodo, Okorocha urged Ihedioha to allow him run the state with the decorum and respect it deserves.

“We have heard about those inciting certain groups in the state to cause trouble, but we have chosen to remain calm,” the statement read.

“It is unfortunate that a man who had been in the House of Representatives for 12 years, and Deputy Speaker for four years, and who should know the efficacy of respecting political office, would take delight in abusing his governor without provocation”

He insisted that his free education programme and infrastructure development are testimonies to the facts under reference. He also maintained that he acquired Spibat Estate before becoming governor.

According to Ihedioha, however, “Imolites are in rude shock that while civil servants who, despite illegal deductions from their meagre salaries and allowances are being owed up to seven months’ salary and several months of allowances groan in alarming hardship, Okorocha is busy junketing around the world in expensive private jets, having sold almost all of the state’s assets and obtained loans in excess of N500 billion.”

He insisted that Okorocha should publish what accrued to the 27 local councils, how much he has so far borrowed from banks, receipts from the Federal Government through monthly allocation, excess crude, ecological fund and 13 per cent derivation.

Also, he should state how much he has generated from internal revenue, the sale of state assets, and the illegally deductions so far from the salaries and allowances of Imo civil servants since 2011.


He added: “It is regrettable that Okorocha has arrogantly refused to tell Imolites how much he has received. How can a man build the multi-billion naira largest private estate in Nigeria, sited at Spibat at Amakohia, with state funds?”

http://www.ngrguardiannews.com/2015/06/okorocha-ihedioha-row-over-n500b-loan/

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Re: Imo State Is Indebted To Over 500B Naira- Guardian News by Ridwanna(m): 9:48am On Jul 12, 2015
Change

undecided undecided undecided

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Re: Imo State Is Indebted To Over 500B Naira- Guardian News by ib4babes(m): 9:53am On Jul 12, 2015
Meennn!!!!! truly guys you need to visit owerri and see this estate in question this man is heartless, ruthless, greedy, selfish in fact make i stop with these words for now but he is mean when it comes to spending public fund. His new style now is partying every other day. well, i take it that he is an NGBEKE FEELING FUNKY..... grin grin grin grin

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Re: Imo State Is Indebted To Over 500B Naira- Guardian News by ib4babes(m): 9:54am On Jul 12, 2015
THIS ONE PASS CHANGE. ABI YOU MEAN NEGATIVE CHANGE. anyway change na change
Ridwanna:
Change

undecided undecided undecided

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Re: Imo State Is Indebted To Over 500B Naira- Guardian News by kettykin: 9:54am On Jul 12, 2015
I just noticed that all the states stewing in deep debts are all APC states so much that APC governor wants to borrow from the bank to pay salaries

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Re: Imo State Is Indebted To Over 500B Naira- Guardian News by baralatie(m): 10:01am On Jul 12, 2015
500billion is not true?
Re: Imo State Is Indebted To Over 500B Naira- Guardian News by eaglechild: 10:03am On Jul 12, 2015
Okorocha is one of the most corrupt governors in the country.

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Re: Imo State Is Indebted To Over 500B Naira- Guardian News by vision2022: 10:05am On Jul 12, 2015
Can Amadioha sorry Ihedioha account for constituency allowances for 12 yrs? pot calling kettle black.

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Re: Imo State Is Indebted To Over 500B Naira- Guardian News by Dollyak(f): 10:06am On Jul 12, 2015
It can't be true.
Re: Imo State Is Indebted To Over 500B Naira- Guardian News by kazmanbanjoko(m): 10:25am On Jul 12, 2015
Why wont there be boko haram. When all what nigerian govt spends eevryday is billions and billions of naira. Hearing this money alone can make someone go against d govt. But boko haram is a very deadly group. They are inhumane.

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Re: Imo State Is Indebted To Over 500B Naira- Guardian News by Nobody: 10:39am On Jul 12, 2015
what that man rochas is doing in imo state is too bad uncompleted roads everywhere, from d road junction to the corner, n that's d end no more as u r goin through d major road u go think sey all d roads are repaired , but none of them is more than three to four poles long, in my village alone we hv more than four to five roads like that i don't kno what he what to gain gaining from that none sense act
Re: Imo State Is Indebted To Over 500B Naira- Guardian News by laterthings: 10:40am On Jul 12, 2015
this is bland accusation na! it's just over N52b from what I saw from the DMO. and that amount is less than the average external debt stock of states [url]http://www.dmo.gov.ng/oci/subn/docs/Federal%20and%20State%20Governments%20External%20Debt%20Stock%20as%20at%2031st%20December%202014.pdf[/url]
Note that that external debt stock is always higher than domestic debt stock. here is the link for demostic debt stock when it was last updated in 2013 [url]http://www.dmo.gov.ng/oci/subn/docs/Domestic%20Debt%20Stock%20of%20the%20States%20and%20the%20FCT%20as%20at%20December%2031st,%202013.pdf[/url]

So Ihedioha should stop this cheap propaganda
Re: Imo State Is Indebted To Over 500B Naira- Guardian News by laterthings: 11:04am On Jul 12, 2015
chinolization:
Forget the official cover. Imo state has borrowed to the extent that the state has been banned by CBN from further borrowing. Even the bastard abagworo knows what am saying is the fact. cheesy

[s][/s]

let me educate you. for a state governor to borrow money it must be captured in the state government appropriation bill (or its addendum there in) and same must be approved by the state house of assembly after debating on it. this process is within the public knowledge.

the question is where did Ihedioha conjured the N500b from? any paper evidence? note that the said amount is almost the state's four years budget. so go figure out the lie and illogicality cheesy

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Re: Imo State Is Indebted To Over 500B Naira- Guardian News by doublewisdom: 11:25am On Jul 12, 2015
Imagine. The corruption in APC is unrivalled any where in the world. Let's see how Saint Buhari will handle his corrupt cronies.
Re: Imo State Is Indebted To Over 500B Naira- Guardian News by AustineE1: 11:27am On Jul 12, 2015
As much as i hate Rochas deceptic nature and there shouldnt be any reasons for him to owe IMO state workers and being that IMO state is among the oil producing state with additional allocation accruing to them. But am still glad that they said estate was built in his home state and not somewhere in Dubai,panama or London. Atleast it has contributed in reducing the housing problem in such area and ofcourse,direct or indirect employement to the local populace. moreover,he also said that the estate was acquired prior to his becoming a governor.
Re: Imo State Is Indebted To Over 500B Naira- Guardian News by laterthings: 11:28am On Jul 12, 2015
chinolization:
Let me educate you, you are not well disposed to get unofficial government information than the former number 4 man.

hehehhehe, you are very shallow in your reasoning young man. was he no 4 in Imo or Nigeria? for crying out loud we have 36 states in Nigeria. he will be more disposed to tell us how much GEJ borrowed ( both official and unofficial ones including the over N400b borrowed to pay salaries shocked)
Re: Imo State Is Indebted To Over 500B Naira- Guardian News by Nobody: 11:29am On Jul 12, 2015
chinolization:
Let me educate you, you are not well disposed to get unofficial government information than the former number 4 man.


thanks
Re: Imo State Is Indebted To Over 500B Naira- Guardian News by laterthings: 11:33am On Jul 12, 2015
patmaine:


thanks

young man don't luxuriate in another man's idiocy sad
Re: Imo State Is Indebted To Over 500B Naira- Guardian News by Opinedecandid(m): 12:28pm On Jul 12, 2015
He could borrow that much, misapproprait that much, owe that much and divert that much when it wasn't even his party that was in government at the centre, what do you think will happen now that the mouth touted 'change' has come at the centre?

I just pity Nigerians.

God must surely intervene.
Re: Imo State Is Indebted To Over 500B Naira- Guardian News by socialmediaman: 12:52pm On Jul 12, 2015
Is Ihedioha acting out his own script?

http://newswirengr.com/2015/06/01/pdp-must-use-propaganda-blackmail-as-opposition-house-of-reps-speaker-ihedioha/

Well, Imo state needs a better Governor, Rochas isn't that governor, Likewise Ihedioha is definitely NOT the man that Imo state needs!

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