19th June, 2015
Governor Nyesom Wike of Rivers state has explained why he has applied for a N10 billion loan less than a month after he was inaugurated as governor of the oil-rich state.
Wike stated his reasons at Government House shortly after signing the Memorandum of Understanding (MOU) between Messrs Julius Berger PLC and CCECC Nigeria Limited to rehabilitate roads in the state on Thursday.
Wike dismissed the war of calumny against his administration as malicious, frivolous and a futile attempt to sully his reputation.
“I am poised to complete all the important ongoing projects in the state, he said, explaining why the state government applied for the loan.
He further disclosed that the loan will be used to complete the following projects: “the Law Faculty Building in the State University of Science and Technology, the renovation of the judiciary complex and the Rivera State House of Assembly buildings which are all derelict as a result of the their closure for almost two years by Rotimi Amaechi. The loan, he further revealed, will be used to complete the Akpajo/Woji Bypass, the Eagle Island link Road and the Rivers Mall started by Sir Celestine Omehia.”
“There is no need frittering away resources by abandoning projects. Government is a continuum”, stated.