April 7, 2025

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Abia lawmaker to Wike: Tell your friend Ikpeazu that he has borrowed enough

Hon. Obinna Ichita

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Abia lawmaker to Wike: Tell your friend Ikpeazu that he has borrowed enough
By Steve Oko
Gov Nyesom Wike of Rivers State has come under fire over his recent revelation that he knew those who blocked the Central Bank of Nigeria, CBN, loan due to Abia State apparently to punish Gov. Okezie Ikpeazu for standing with him.
Hon. Obinna Ichita
In a swift reaction, member representing Aba South state constituency in the Abia State House of Assembly, Hon. Obinna Ichita, told Wike to inform his friend, Gov. Ikpeazu  that “Abia State does not need any fresh loan”.
 The lawmaker said that Abia under Ikpeazu’s out-going administation, had borrowed enough funds which were yet to be properly accounted for, hence, it makes no sense borrowing more especially by an administration that is winding down.
Hon. Ichita who is the All Progressive Grand Alliance, APGA, lawmaker in the House, in a press statement, challenged Gov  Ikpeazu to first, account for the previous loans obtained by his administration before thinking of a fresh loan.
The statement made available to Wawa News Global read in part: ” On the recent claims by one of the Governor’s associates that some persons stopped the CBN loan to Abia State apparently as punishment to Gov. Ikpeazu for standing with him, I want to say that Abia State does not need any further loans at this twilight of Ikpeazu’s administation.
” It is risky for Gov. Ikpeazu to go for fresh loan in less than eight months to the end of his tenure when he has not given any good account of how he deployed the previous loans he obtained”, Ichita said.
The lawmaker further said:”The State Government should also tell us what the Government has achieved with over 100 billion naira loan it has incurred in domestic debt.
“This is different from other sources of revenue like: Statutory allocation, Ecological Fund , 13 % derivation, financial donations from international donor agencies and so on. No one mentions the Internally Generated Revenue (IGR).”
Hon. Ichita who is the APGA deputy governorship candidate for 2023, accused the PDP-led Government of under developing Abia State.
“Why is Ukwa land, the only  oil- producing community in Abia , in complete ruins with no basic infrastructure?
“What did the Government do with the money meant for the flood mitigation project in Ifeobara, Ariaria ? What happened to the World Bank loan of 56.4 million US dollars ?
“Why has the Government decided  to ignore, abandon and maltreat the people in Port Harcourt Road, Aba whose roads and houses were destroyed by Abia State Government?
“Are people in Uratta, Ozuomba, Ohanku, Obohia, Owerri Aba, Omuma and Faulks road still part of Abia State?”
Hon. Ichita also refuted claims that a  certain presidential candidate in Nigeria stopped the CBN from disbursing  money meant for the construction of Ariaria market in Abia, dismissing it as “a fat lie.”
“I challenge Abia State Government to make public, any personality or any authority that has withheld any money due to Abia state.
“The assumption by the people in charge of Abia state government that the people of Abia State are naive, primitive and uninformed is the height of insult on the industry and intellect of Abia people.”
Ichita urged Abians “to  ignore the propaganda  by Government and join in the efforts to birth a new Abia”.
He assured that under APGA, if given the mandate, Abia would be re-invented and placed on the pathway of greatness , transparency and accountability.
Steve Oko, Publisher/C.E.O, WaWa News Global. For more information on advert placement and news coverage, contact us on: 08038725600, or via email stevemanofgod2000@yahoo.com; wawanewsglobal@gmail.com Always read WaWa News Global - Your most dependable online news platform for the latest breaking news in Nigeria.
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