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Okorocha claims he is leaving N42.5bn in Imo, but he is leaving out two key facts

Ex-governor Okorocha

Politics

Okorocha claims he is leaving N42.5bn in Imo, but he is leaving out two key facts

The Governor of Imo state, Rochas Okorocha claims that his government would be handing over 42.5 billion Naira to the incoming Emeka Ihedioha administration.

Backdrop: He made this known during a swearing in ceremony of new permanent secretaries, Head of Service and Accountant General. 

Per Gov. Okorocha: “My government has kept aside a total of N42.5b for the in-coming government, and for that reason, I will set up a sub-committee to make sure that the projects they are attached to, come to fruition even when I am out of office because government is a continuum.” 

The breakdown of the amount, based on his claims:

N8.1 billion —   Payment of salaries and capital projects

N5.2 billion — Payment of pension arrears

N7.6 billion — Renovation of schools 

N21.6 billion — Construction of rural roads

What Okorocha is not saying: 

  1. Imo state debt profile stands at over 98 billion Naira  (N98,782,494,271.48) as at December 31, 2018. 
  2. Several labour unions have accused Gov, Okorocha of owing them salaries for more than a year. Doctors in the state who embarked on a strike last month have accused the Governor of paying only 70% of their salaries in about four years.

Bottom line: With all of these hanging over the head of the incoming administration, one can hardly call what Okorocha is leaving behind (if indeed his claim is to be believed) a surplus.

READ: Countdown to May 29: Gov. Okorocha on EFCC’s radar

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