Enugu: APC Raises Alarm Over Massive Borrowing By Chime

enugu

The All Progressives Congress (APC) has raised the alarm over alleged massive borrowing by the outgoing Governor of Enugu State, Sullivan Chime, claiming that the government planned to mortgage the future of the state with heavy debt burden.

“It is an extension of illegality that the Peoples Democratic Party (PDP) government had perpetrated against the people of Enugu state,” said Dr Ben Nwoye, the state chairman of APC.

“They do it believing that Enugu people are stupid. But you will see that history will repeat itself. Those who are involved in the theft of public funds will be brought to book by an APC government in 2015. A post humorous authorization by the rubber-stamp House is a furtherance of illegal act by the executive. Their days are numbered and they will surely be brought to justice.”

The State House of Assembly, last Thursday approved N11 billion loan borrowed by the government from some commercial banks. Another N7 billion earlier borrowed without approval was also approved by the lawmakers, bringing the entire loan to N18 billion, reports Vanguard.

The alarm raised by the APC and other opposition parties in the state, was because the massive borrowing is coming less than seven months to the end of Chime’s tenure.

Also lamenting the state’s senseless borrowing, the National Chairman of the United Progressives Party (UPP), Chief Chekwas Okorie said, “it is worrisome that the Enugu State House of Assembly has made itself a rubber-stamp to the executive. This is further evidence of why the former Deputy Governor, Sunday Onyebuchi was impeached. This is election period when the governor will be completing his tenure. The people should protest that such large amount of money was obtained without due process.