Governor Rochas Okorocha has said he will constitute a sub committee to monitor projects his administration did not complete even when his administration is long gone.
He also said he left N42 billion naria in the State treasury for the incoming administration led by Hon. Emeka Ihedioha
Okorocha who was quoted to have made the remarks at the swearing in of a new Accountant General, Head of Service and 11 Permanent Secretaries said he decided to keep such amount of money for the incoming Governor to avoid excuses in carrying out activities of government
“I will set up a sub-committee to make sure that the projects they are attached to, come to fruition even when I am out of office or when I will not be available because government is a continuum”. he said
A statement signed by his Chief Press Secretary, Sam Onwuemedo, quoted the Imo State Governor to have said “N8.1billion of the money was meant for the payment of salaries and Capital Projects, while N5.2billion was for Pension Arrears.
According to the statement, he also stated that N7.6billion was meant for the renovation of schools, while N21.6billion was mapped out for rural roads, totaling N42.5billion, adding that following petitions from the PDP Chieftains, the Economic and Financial Crime Commission, (EFCC), blocked the money for the payment of arrears of Pension and others, at the point of starting the payments.
He continued “The breakdown of these funds are as follows: N8.1b that came into Imo State offers from both State and LG, from FAAC, that money has not been expended as not even one naira has been taken away from it and the money is in Zenith Bank and has not been touched. The second money is N5.2bn in Access Bank, the reminant of the Paris Club fund, not one naira has been removed from it”.
He further stated “The third fund is N7.6b, money that came from UBEC. Imo State has paid a total of N3.8b counterpart fund and UBEC has brought in their N3.8b. That gave us N7.6b. That money is intact and not one naira has been removed from it. The fourth fund is the RAMP fund of $60m representing N21.6b and is also in Imo State Government’s account. It is with First Bank. The money is also here in Imo State and no one naira has been touched”.
According to him “If you total N8.1b plus N5.2b, N7.6b and N21.6b, you have a total of N42.6b which I will be handing over to Emeka Ihedioha led government as from the 29th of May, 2019. How are these money meant to be expended? I want to put it succinctly clear. The N8.1b naira from FAAC usually will cover the cost of salaries and capital projects. This government is expected to spend this N8.1b naira for the payment of salaries for May and also for the payment of other Contractual obligations as may be deemed fit.”
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