OWERRI – Governor Rochas Okorocha of Imo State has raised alarm over the total debt profile of approximately N100 billion he inherited from the immediate past administration, including internal and external debts and outstanding contract bills.
Okorocha, who made the startling disclosure in a broadcast on radio and television, yesterday, however, affirmed that Imo remains one of the low income states.
”Imo State remains one of the low income states with about N2.2 billion monthly subvention and about N1.9 billion monthly wage bill, which explains why previous administrations have constantly engaged in endless borrowing and passes the bulk of responsibility to future governments,” Okorocha said.
He promised that he will not embark on what he termed “the old tradition of casting blames” but will take responsibility.
He said: ”The good news is that despite the ugly financial situation, I still consider Imo State the richest state in Nigeria; richest in human resources endowed with extra-ordinary intelligence which is far more than our debt profile. This we shall explore to build the Imo State of our collective dream and aspirations.”
While saying that the wage bill of public servants is N1.9 billion monthly with an enrollment of 13,000 workers, the Governor equally said that with the inclusion of 10,000 new jobs, the wage bill will increase to more than the N2.2 billion monthly subvention.
”With the approval of N18,000 minimum wage by the out-going administration, the wage bill will be about just twice the total income of the state,” Okorocha said.
He promised to review the civil service structure with a view to getting everyone to work, stressing that there will be no room for laziness while professionalism will be respected.
Okorocha directed the immediate suspension of the 10,000 jobs created by Ikedi Ohakim, while government will, in line with its commitment to job creation, review the situation. He said: ”We shall continue and complete all on-going projects in the state. We shall ensure that all contractors complete their projects. There shall be no sacred cow. A committee has already been set up headed by the Deputy Governor to look into all on-going and abandoned projects.”
Continuing, the Governor announced the immediate suspension of the Acting Vice Chancellor of Evan Ewerem University, Owerri, as well as approved the immediate change of name to Imo State University.
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Posted: at 7-06-2011 02:17 PM (12 years ago) | Addicted Hero
shaoyang at 21-07-2011 01:56 PM (12 years ago) (m)
Rochas don't just discover the debt & do nth about it... that thief (Ikedi Ohakim) must be probed & he will provide a comprehensive result of how he accumulated such a debt & in what way the money have been useful to the State...... else he should be remanded in prison till he pay every dime in that money....God bless u & give u the wisdom to lead Imo to the promise land... there is no other place we call home & above all we have faith that our crave for a Moses has been finaly answered.... ur words are very encouraging .. thank U
Posted: at 21-07-2011 01:56 PM (12 years ago) | Gistmaniac
divineproject at 21-07-2011 02:02 PM (12 years ago) (f)
Quote from: shaoyang on 21-07-2011 01:56 PM
Rochas don't just discover the debt & do nth about it... that thief (Ikedi Ohakim) must be probed & he will provide a comprehensive result of how he accumulated such a debt & in what way the money have been useful to the State...... else he should be remanded in prison till he pay every dime in that money....God bless u & give u the wisdom to lead Imo to the promise land... there is no other place we call home & above all we have faith that our crave for a Moses has been finaly answered.... ur words are very encouraging .. thank U
I havent heard about him since May 29, 2011, where is here now?
A LITTLE HELP HERE; A LITTLE HELP THERE, MAKES THE WORLD GO ROUND!
Posted: at 21-07-2011 02:02 PM (12 years ago) | Hero
shaoyang at 21-07-2011 06:13 PM (12 years ago) (m)
Who knows he must have disappeard like that my immidaite thief brother Achike Udenwa but Rochas being a big fish in the river knows how to handle his own case.... as he meet this huge amount of debt let him probe that Ohakim wherever he is he should come & answer for that money or risk arrest anywhere he is under the sun they need to be taught a lesson so whenever they assume a public office they will be careful not to mess around....... didn't you see how China is handling their own case? i like their way die ( no nonsense ppl they don't send whosoever u may be once a dime get missing from ur regime they are sending that person to firing squad at once no bargaining)
Posted: at 21-07-2011 06:13 PM (12 years ago) | Gistmaniac
Rochas don't just discover the debt & do nth about it... that thief (Ikedi Ohakim) must be probed & he will provide a comprehensive result of how he accumulated such a debt & in what way the money have been useful to the State...... else he should be remanded in prison till he pay every dime in that money....God bless u & give u the wisdom to lead Imo to the promise land... there is no other place we call home & above all we have faith that our crave for a Moses has been finaly answered.... ur words are very encouraging .. thank U
May be he stole the money and gave it to northern leaders or else northern leaders makes him to steal the money. Abi?
IN ZAKA FADI, FADI GASKIYA, KOMAI TA JA MA A YI MAKA
Posted: at 19-09-2011 09:31 AM (12 years ago) | Hero
mankind101 at 9-01-2012 02:21 PM (12 years ago) (m)
IT IS NOT SUPRISING, AFTER ALL, NO PAST ADDMINISTRATIONS HAS EVER BEEN PROBBED, NOTE, GOV. OKOROCHA THAT WHAT IS HAPPENING IN NIGERIA EN RELATION TO NIGER DELTA CASE AS WHERE THE OIL IS BEING PRODUCED BUT UNDEVELOPED, INSTED ABUJA===== THIS IS THE SAME, IN THE CASE OF IMO. THE LOCAL GOVTS AREAS WHERE THE BULKS OF THE REVENUES TO IMO GOVT. WERE COMING FROM LIKE OHAJI/ EGBEMA & OGUTA L.G.AS, NO GOOD ROADS FROM OHAJI TO= AGWA, FROM AGWA TO= EGBEMA , FROM IZOMBE TO= AGWA, FROM AGWA TO= IRRETE, FROM OGBAKU TO= EGBEMA VIA AGWA, THERE IS NO GOOD WATER, HOSPITAL, ELECTRICITY & OTHER GOVT PRESENCES EN THESE AREAS YET THE PAST ADDIMINSTRATION ENHERITED 100BL. OK . WE PRAY THAT WE DONT HAVE A SIMILAR BOKO HARAM IN IMO OKOROCHA SHOULD TAKE NOTE
Posted: at 9-01-2012 02:21 PM (12 years ago) | Newbie
mankind101 at 9-01-2012 02:30 PM (12 years ago) (m)
WHERE IS IKEDI OHAKIM NOW? IS HE EN SOUTH AFRICA ENJOYING HIS WEALTH OF 5 STAR HOTELS YET IMO ENHERITED IOOBILL PLEASE HE SHOULD BE ARRESTED & FACE EXECUCTION EN AMA JK
Posted: at 9-01-2012 02:30 PM (12 years ago) | Newbie
bomsiluv
annkezs
divineproject
Ortopazz
KINGJHOE
chi-God
shaoyang
they need to be taught a lesson so whenever they assume a public office they will be careful not to mess around....... didn't you see how China is handling their own case? i like their way die ( no nonsense ppl they don't send whosoever u may be once a dime get missing from ur regime they are sending that person to firing squad at once no bargaining)
kokofreak
Ifodia
cadanre
martbigboy
mankind101
Solidstonez
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