L
LequteMan
Guest
Nigeria - Governor of Cross Rivers, Ben Ayade, has revealed that he now runs affairs of the state with money from his own pocket.
Ayade had few days to his swearing-in as governor said the state was not bankrupt and promised to get US investors who are coming with $600 million to buy off the state’s debt burden and put the state economy on a sound footing.
But since the expected funds are yet to be handy and with no budget cover, the governor in a bid to keep government running says he has been shoring up with personal and family money.
“Would I just fold my hands and wait for the state House of Assembly. You do not ask yourselves how I get money to go on and push. I am not supposed to say what I want to say now, but I must tell you at this juncture that I brought my money to run this state.
The state has a huge monthly deficit of N2 billion and an internal/external debt burden of about N130 billion.
Guardian
Ayade had few days to his swearing-in as governor said the state was not bankrupt and promised to get US investors who are coming with $600 million to buy off the state’s debt burden and put the state economy on a sound footing.
But since the expected funds are yet to be handy and with no budget cover, the governor in a bid to keep government running says he has been shoring up with personal and family money.
“Would I just fold my hands and wait for the state House of Assembly. You do not ask yourselves how I get money to go on and push. I am not supposed to say what I want to say now, but I must tell you at this juncture that I brought my money to run this state.
The state has a huge monthly deficit of N2 billion and an internal/external debt burden of about N130 billion.
Guardian
