Gov Idris Wada
Kogi State Elders Reject Bid by Gov. Wada to Secure N20bn
Bond
The elders in a statement in Abuja said the Governor Idris Wada administration does not have the capacity to judiciously utilize such fund since he has not justified previous revenue accruing to the state.
In a statement jointly signed by Sen. Alex Kadir, Former Acting Governor Clarence Olafemi, Former PDP Chairman John Odawun, AVM Salihu Atawodi (Rtd) and Dr Adinoyi Ojo Onukaba, the elders said they are “worried that a government with a track record of profligacy, ineptitude and visionlessness, the N20 billion will go down the drain again without noticeable and meaningful development in the state.”
The elders challenged the Wada administration to tell the people of the state what it has done with the N3 billion monthly revenue from Federation Account and the over N1.5 billion Naira accruable to the local government councils in the last two years.
“We are talking about a total of N108 billion accruable to the state in two years and there is absolutely nothing to show for it. When you add internally generated revenue, the total accruable revenue will be over N120 billion. What exactly is the relative social and physical infrastructural achievement of the Wada administration? What does it need to borrow N20 billion for? To squander the money again as it has been doing this past two years?”, the elders asked.
They insisted that the state government has squandered the flood relief money and that flood victims are yet to find succour. “SURE-P funds have similarly been frittered away. The claimed successes of the state government is fiction. The few projects Wada claimed to have done are those already commissioned under former Gov. Ibrahim Idris.”
They said despite the huge revenue of the government, the statement continued, salaries are not being paid as at when due to state civil servants and local government employees. Some local government councils, the statement continued, are even retrenching as many as 50% of their workers.
The elders said the State House of Assembly is being intimidated and coerced into approving the bond with a provision that the Accountant-General of the Federation should deduct the money at source from Federal Allocation.
They said it is curious that the government will embark on the bid to secure the loan weeks before the Supreme Court decides on Wada’s election.
In a statement jointly signed by Sen. Alex Kadir, Former Acting Governor Clarence Olafemi, Former PDP Chairman John Odawun, AVM Salihu Atawodi (Rtd) and Dr Adinoyi Ojo Onukaba, the elders said they are “worried that a government with a track record of profligacy, ineptitude and visionlessness, the N20 billion will go down the drain again without noticeable and meaningful development in the state.”
The elders challenged the Wada administration to tell the people of the state what it has done with the N3 billion monthly revenue from Federation Account and the over N1.5 billion Naira accruable to the local government councils in the last two years.
“We are talking about a total of N108 billion accruable to the state in two years and there is absolutely nothing to show for it. When you add internally generated revenue, the total accruable revenue will be over N120 billion. What exactly is the relative social and physical infrastructural achievement of the Wada administration? What does it need to borrow N20 billion for? To squander the money again as it has been doing this past two years?”, the elders asked.
They insisted that the state government has squandered the flood relief money and that flood victims are yet to find succour. “SURE-P funds have similarly been frittered away. The claimed successes of the state government is fiction. The few projects Wada claimed to have done are those already commissioned under former Gov. Ibrahim Idris.”
They said despite the huge revenue of the government, the statement continued, salaries are not being paid as at when due to state civil servants and local government employees. Some local government councils, the statement continued, are even retrenching as many as 50% of their workers.
The elders said the State House of Assembly is being intimidated and coerced into approving the bond with a provision that the Accountant-General of the Federation should deduct the money at source from Federal Allocation.
They said it is curious that the government will embark on the bid to secure the loan weeks before the Supreme Court decides on Wada’s election.
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