Wike Says He Got Only N52bn from FG

…Vows not to dump PDP

Nyesom Wike
Nyesom Wike

Rivers State Governor, Nyesom Wike, on Tuesday in Port Harcourt said that contrary to claims that the Federal Government refunded the sum of N78 billion to the Rivers State Government for federal projects executed by the state, only the sum of N52 billion was received by the state. Wike disclosed this at the flag-off of the construction of the 8-kilometre Woji Aleto – Alesa Refinery road traversing Obio/Akpor and Eleme Local Government Areas. The dualised road has a 200-metre bridge and a spur to the East – West road.
Paulinus Nsirim, the Commissioner for Information and Communications said, “The Road which is a strategic response to the traffic gridlock along the East-West Road will reduce travel time from the city centre to Port Harcourt Refinery, Okrika Local Government Area, Eleme and Ogoni Local Government Areas and will also serve as a bypass to the East-West road.” The governor said the refund that was approved by the Federal Executive Council was a promissory note that was to mature in four years’ time so the state government approached banks which discounted and gave the state N52 billion. He said out of the N52 billion the state government received, N16 billion was invested in Rivers State University.Wike also said that he would be the last person to leave the People’s Democratic Party, PDP for the All Progressives Congress, APC no matter what the ruling party at the centre might hold against him. He said he and the people of Rivers State would swim and sink with the Peoples Democratic Party.He challenged his political opponents to show the people projects that they had attracted and executed to the state since they joined the Federal Government six years ago.

Follow Us on Social Media

TELL Magazine Newsletter

Subscribe to our newsletter

Thank you for subscribing.

Something went wrong.

Related posts



  • Perishable
  • Perishable
Select Language
error: Content is protected !!
WhatsApp WhatsApp us