Headlines News

Imo May Go into Financial Distress, Says Peter Obi

Imo State, heartland of the South East, is on the verge of bankruptcy, according to former Anambra State Governor, Mr. Pe­ter Obi.

The blame for this develop­ment should be placed squarely on the doorstep of the incum­bent Governor, Owelle Rochas Okorocha of the All Progres­sives Congress (APC). Obi added.

In reaction the media adviser of Okorocha, Sam Onwuemeodo, told the Daily Times that Obi is suffering from “Rochas-phobia.”

Obi warned that Imo State could go into deep financial cri­sis if Okorocha is re-elected for a second term. Already, Imo State is bankrupt, Obi said.

The former Governor who is a chieftain of the Peoples Demo­cratic Party (PDP), made the statement in Owerri, the Imo State capital, on Wednesday dur­ing youth town hall meeting of his party.

He expressed concern that in the entire South East, Imo State is indebted to the tune of N30 bil­lion.

Obi said: “Enugu is not ow­ing, Abia is not owing Anambra is not owing. As you all know, Ebonyi, which receives the least allocation in the entire region, justifiably owes just a little while Imo owes a whopping sum of N30 billion.I left behind about N60 billion.

“We can all guess where the fund is because before Okorocha came into power three years ago, he had no estate but just within three years, he owns the largest private estate in Nigeria.”

Obi said that the presidential candidate of the APC, Major General Muhammadu Buhari, is incapable of handling the chal­lenges of the office of the Presi­dent in a 21st century.

“The retirement age in Nige­ria 65 years but the APC wants to cajole Nigerians into voting a man who has exceeded the age of retirement. We need to re­mind them that Aso Rock Villa is not an Old People’s Home. It is a place people go to work, not where people go to retire. How would Nigerians in this era vote and relate with a man who knows little or nothing about the Facebook or the internet? We are not even talking about his credentials and certificates they want to gloss over. It’s a tragedy waiting to happen.”

Responding to the allegations against Okorocha, Onwuemeodo who is a Senior Special Adviser to Governor Okorocha on media, sent a test message to the Daily Times which read: “There is an office in this country that has the debt profile of every state. And I am sure you know. They can help you to know the truth. Obi has “Rochasphobia.”

About the author

Ihesiulo Grace

Leave a Comment