Okorocha Declares Imo Bankrupt

Date: 07-06-2011 6:33 pm (12 years ago) | Author: Mr Nigeria
- at 7-06-2011 06:33 PM (12 years ago)
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Imo State Governor, Chief Rochas Okorocha has declared that the state is indebted to the tune of N100 billion including internal and external debts, even as he ordered the immediate dissolution of all the 27 local councils in the state. The out-gone regime had conducted elections in the councils last year to run for two years.

Also, citing unacademic conduct, Okorocha sacked the Acting Vice Chancellor of Evan Enwerem University, Owerri, now renamed Imo State University, Prof. Osita Nwebo.

In a radio and television broadcast in Owerri, Monday evening, the governor also dissolved all the Development Centres and State Council of Traditional Rulers headed by Eze Cletus Ilomuanya.

Not satisfied by the offer of 10,000 jobs by the immediate past governor, Chief Ikedi Ohakim to graduates in the state, he suspended all the action regarding the offer, while he also suspended contracts awarded by Ohakim, stating that they would be reviewed. The State Deputy Governor, Sir Jude Agbaso is to head the review committee.

According to him, he was not satisfied by the performance of the institutions dissolved, regretting that traditional institutions had become an arena for playing politics.

On the staff of office and certificate of recognition issued to 106 monarchs by the immediate past governor, Ikedi Ohakim, Okorocha disclosed that a committee to review the recognition of the monarchs would by put in place.

He also dissolved the board of state-owned oil palm industry, Adapalm, stating that the state government would strengthen the company, while the moribund Avutu Poultry established by the late Sam Mbakwe administration more than 30 years ago, would be reinvigorated.

He was sad that about 264 health centres in the state were not functioning, disclosing that some would be merged and made more functional.

Okorocha regretted that huge sums of money was owed by the state government by the immediate past government, directing that arrears of salaries of the workers in the state be cleared.

Posted: at 7-06-2011 06:33 PM (12 years ago) | Newbie
- Innoscent at 7-06-2011 06:45 PM (12 years ago)
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2 long Grin

Posted: at 7-06-2011 06:45 PM (12 years ago) | Upcoming
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- divineproject at 8-06-2011 02:08 PM (12 years ago)
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Weldone Okorocha............

Posted: at 8-06-2011 02:08 PM (12 years ago) | Hero
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- maryclaret at 8-06-2011 02:31 PM (12 years ago)
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This is serious. Hope he achieves what he's aiming towards to make Imo a better place. The former leaders have robbed that state dry of everything.

Posted: at 8-06-2011 02:31 PM (12 years ago) | Gistmaniac
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- maryclaret at 8-06-2011 02:34 PM (12 years ago)
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Quote from: Innoscent on  7-06-2011 06:45 PM
2 long Grin
Seriously? This is too long for you?  Huh? Huh? Wow...ok

Posted: at 8-06-2011 02:34 PM (12 years ago) | Gistmaniac
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- waco at 8-06-2011 03:41 PM (12 years ago)
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Only a competent court has the power to declear
a person, organisation or whatsoever bankrupt!

Owelle pls TRADE WITH CARE!

Posted: at 8-06-2011 03:41 PM (12 years ago) | Hero
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