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ELANHUB MEDIA
Home News Politics

Rivers Crisis: Rivers State Has Lost Investments Worth Over N2 Trillion – APC Chieftain

Stanley Uhegbu by Stanley Uhegbu
July 16, 2024
in Politics
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A chieftain of the All Progressives Congress in Rivers State, Eze Chukwuemeka Eze said economists have revealed through in-depth research that Rivers State has lost public sector investments worth over N2 trillion due to the political crisis.

Eze who made this known in a statement accused the FCT Minister, Nyesom Wike, of frustrating genuine development efforts to turn the state around.

He accused Wike of instigating the crisis in the state, while relying on support from the Presidency.

He also accused Wike of frustrating the administration of Rt. Hon.. Chibuike Amaechi, adding that he is averse to development.

“That young man is averse to the development of Rivers State. I can tell you for free. Today, Port Harcourt has remained a borehole city,”

“Port Harcourt, under Amaechi, was designed to be a modern city through the creation of the Greater Port Harcourt City by expanding to eight local councils with modern facilities. The project was to consume N100bn per year for 10 years (N1 trillion), but under Wike, the project suffered what looks like half-hearted status or what many call drain pipes to settle political backers,” he said.

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