Rivers Crisis:Gov. Fubara Reveals Inheriting Enormous Debts from Wike, Others

In a shocking revelation, Rivers State Governor, Siminalayi Fubara, has disclosed that his administration inherited huge financial burden from his predecessor, Nyesom Wike.

According to Governor Fubara, the debt involves multi-billion Naira obligations to contractors who undertook various projects during Wike’s administration. This statement has intensified the ongoing dispute between Fubara and Wike, who was once considered his mentor.

Under Wike’s tenure, widely referred to as “Mr. Projects,” the state saw the initiation of numerous development projects, including the construction of 12 flyovers. Wike had maintained that these projects were fully paid for, often thanking former President Muhammadu Buhari for releasing the overdue 13% allocation to Niger Delta states. However, the current administration’s claims suggest a discrepancy between reported and actual financial commitments.

Fubara, who served as the state’s Accountant-General during Wike’s tenure, announced plans to probe the financial practices of the previous administration. His decision to set up a judicial panel of inquiry aims to uncover how state governance was handled before he took office, signaling a move towards greater transparency and accountability.

Despite these financial challenges, Governor Fubara proudly inaugurated the reconstructed 10.89km Aleto-Ogale-Ebubu-Eteo Road in the Eleme Local Government Area, highlighting his administration’s commitment to continuing infrastructural development. He stressed that the road project was awarded and fully paid for under his administration, costing N6.7 billion.

During the inauguration, Fubara emphasized the supportive role his government plays in the national landscape, aligning with the Federal Government’s “Renewed Hope” mantra to uplift Nigerians. He dismissed criticisms and insinuations of conflicts with the federal level, framing his administration as a partner in progress rather than a provocateur.

The event also served as a platform to showcase solidarity with other state leaders, featuring Abia State Governor, Dr. Alex Otti, as a special guest.