Fubara Speaks On Administration’s Excessive Borrowing To Fund Projects

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Rivers State Governor, Siminalayi Fubara, has debunked claims of his administration engaging in excessive borrowing to fund governance.

Naija News reports that Fubara made the clarification on Wednesday at the inauguration of the 11.8km Okehi-Umuola-Eberi road, a vital link between two sister local government areas of Etche and Omuma.

The Governor noted that the only loan obtained by his administration was a ₦200 billion facility earmarked for the construction of the ring road project, an over 50km dual carriageway connecting six local government areas in the state.

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Fubara further challenged those speculating reports of purported borrowing by his administration to verify his clarification with the Debt Management Office (DMO).

He reiterated his administration’s commitment to ensuring the happiness and development of Rivers State residents despite attempts to undermine his efforts.

Fubara also pledged to finish more roads and medical facilities for the residents of Etche and Omuma, adding that vengeance should not be the driving force behind governance, citing the previous administration’s decision to suspend a road via Etche that connected Rivers State to Imo State because it led to the home of an opposition figure.

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In related news, Fubara has vowed to put an end to what he described as unreasonable violence in Rivers State.

The Governor disclosed plans to implement the report of the State Commission of Inquiry on the destruction of local government secretariats.

Fubara stated this at the presentation of the Commission’s report by its chairman, Justice Ibiwengi Minakiri, a serving judge of the State High Court, at the Government House in Port Harcourt.

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Fubara argued that politics should not be synonymous with violence but a contest of ideas without permanent enemies or friends.

The governor applauded the Commission for its resilience in completing the task despite attempts to derail the work, including legal challenges and other forms of obstruction.

He wondered why anyone would oppose a Commission dedicated to uncovering the truth and expressed disbelief that individuals who invested in building council complexes could later destroy their own legacies.

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