Governor Siminalayi Fubara has said that Rivers state is overburdened by debt left behind by his predecessor, Nyesom Wike.
Fubara who spoke at Ebubu community, venue of the inauguration of the reconstructed 10.89KM Aleto-Ogale-Ebubu-Eteo Road in Eleme Local Government Area of Rivers State, on Tuesday, May 14, said several contractors who handled different projects for Wike’s administration have been running to him for completion funds.
He said debt owed contractors amounted to billion despite the impression created that a clean balance sheet was maintained with contractors.
The Governor said;
“This is to let the world know that if there is one problem this administration has, it is the huge debt burden. Most of the projects that are being commissioned, the contractors are coming for their balance-payment and it is running into billions.
“I have said that I don’t want to talk. I don’t want to talk because I was part of that system. But, when you keep pushing me to talk, I will say it so that the people will know the true situation of things and be properly informed.”
