Angry reactions have started trailing the planned borrowing of a staggering N20 billion by Governor Rochas Okorocha, to allegedly complete on-going projects in the state.
Some of the respondents were particularly irked that the state is currently owing over N60 billion ,including the Federal Government’s N26 billion bailout fund, which is expected to be paid back in 20 years.
“It is sad that most people have sadly geared their minds only towards the bailout funds released by the Federal Government. Nobody recollects that apart from the bailout fund, the monthly federal allocations still flow into the state without getting a mention”, a senior civil servant, who pleaded anonymity, said.
A pensioner, Chief Samuel Ohiri, lamented that pensioners and members of their families have continued to languish in poverty, hunger and disease, despite the bailout fund.
“Our pensions and gratuities have remained largely ignored by the present administration despite the bailout fund. The state government sadly does not take the plight of pensioners with the seriousness that it deserves”, Chief Ohiri lamented.
While wondering why the governor should start sourcing for another N20 billion, the aggrieved pensioner reasoned that it would been more sensible to first, account for the bailout fund.