Breaking News

Angry reactions trail Okorocha’s borrowing of N20bn

Kindly Share This Story:

By Chidi Nkwopara

OWERRI—Angry reactions have started trailing the planned borrowing of a staggering N20 billion by Governor Rochas Okorocha, to allegedly complete on-going projects in the state.

Chief Okorocha

Some of the respondents were particularly irked that the state is currently owing over N60 billion ,including the Federal Government’s N26 billion bailout fund, which is expected to be paid back in 20 years.

“It is sad that most people have sadly geared their minds only towards the bailout funds released by the Federal Government. Nobody recollects that apart from the bailout fund, the monthly federal allocations still flow into the state without getting a mention”, a senior civil servant, who pleaded anonymity, said.

A pensioner, Chief Samuel Ohiri, lamented that pensioners and members of their families have continued to languish in poverty, hunger and disease, despite the bailout fund.

“Our pensions and gratuities have remained largely ignored by the present administration despite the bailout fund. The state government sadly does not take the plight of pensioners with the seriousness that it deserves”, Chief Ohiri lamented.

While wondering why the governor should start sourcing for another N20 billion, the aggrieved pensioner reasoned that it would been more sensible to first, account for the bailout fund.

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!