AD

Joining APC will not save you – Abia govt tells Ikpeazu

The Abia State government has expressed shock over claims by former governor Okezie Ikpeazu that it left billions of naira in the government’s coffers.

It said it has waited to see if Ikpeazu or his Spokespersons would refute the false and offensive claims, but to no avail.

The governor Alex Otti’s administration said it rather saw an astronomical increase in the number of Ikpeaz’s allies and former aides circulating the Fake News with the intention to misrepresent facts and deceive the public, especially workers and pensioners whom he treated with utterr disdain and disregard.

Ferdinand Ekeoma, Special Adviser (Media and Publicity) in a statement, said “To put the record straight and disabuse the minds of those who may have been misled, we have decided to address Abians and state that the Summary of ABSG Balances with different banks as at 28th May 2023 is as follows:

NATURE OF FACILITY, LOAN BALANCE AS AT 28TH MAY 2023:

1 UBA (8,012,830,371.44)
2 ZENITH BANK (21,557,168,761.71)
3 UNION BANK (597,637,399.55)
5 CENTRAL BANK (47,760,302,510.12)
BANK BALANCES-TOTAL (77,927,939,042.82).

DOMESTIC DEBTS.

7 SALARIES AND SUBVENTIONS ARREARS (18,162,102,692.92).
8 PENSION ARREARS (21,283,876,789.80)
9 GRATUITY ARREARS (27,012,996,061.64)
10 CONTRACTORS ARREARS (4,563,186,896.65)
DOMESTIC DEBTS ARREARS-TOTAL (71,022,162,441.01)

11 EXTERNAL DEBTS (42,289,206,109.84)

GRAND TOTAL
(191,239,307,593.67)

“For the records, the public should note thus:

  1. The Okezie Ikpeazu-led government did not leave any N24 billion in the account of Abia state government as they falsely claimed.

  2. The $ 200 million and $ 50 million dollars they claimed they left for the new administration are loans they were pursuing which is yet to crystalize.

3.. Outside the humongous financial liabilities left behind by the Ikpeazu-led government, they also left physical liabilities in all our key institutions. For example;, our University Teaching Hospital lost accreditation for the first time in history.

Our only state Polytechnic also lost accreditation. The regulatory authorities predicated their action against these institutions on Non-payment of salaries , lack of Equipment and Lack of Infrastructure.

  1. Poor internal generation of revenue, with the little they generated frittered away in payment to consultants for no added value. They pay as much as 20% which is highly unethical.

  2. Doctors who have been on strike since February 2023 just called off their strike, and they emphatically stated that they based their decision on their conviction that Governor Otti would solve the problem that necessitated the strike action.

  3. Finally, the elementary question is; if Ikpeazu had the billions he claimed to have left behind for the Otti led-government in April and May, why did he not pay workers and pensioners before leaving office, since Governor Otti just took over from.him on the 29th of May 2023?

“If Ikpeazu is trying to preempt anti corruption agencies by making such provocative false claims, he should know that they work with facts and figures, therefore even if he runs into the APC to seek refuge as he is planning to do, these anti corruption agencies would pursue and bring him to justice from there”

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

Delta APC stakeholders present as Dafinone declares second term bid
Andoni LG Boss Impose Dusk-To-Dawn Curfew
‎Finidi hails team’s game Control as they Open Two-Point Gap‎
Why Are They Still There?’ Esin Questions NFF Technical Team After World Cup Failures
‎Bronze Isn’t Gold: Eagles’ Ex coach Peseiro Reacts To AFCON Outcome‎‎‎
Shehu Dikko Pushes for Upgrade and Proper Maintenance of Sports Infrastructure
2026 World Cup: Super Eagles Face Harsh Reality After Failed Qualification
‎NFF appoints Akeem Busari as new Flamingos coach
HRM Summons PHED, Asks Reason For Recent Power Outage
Will Nigeria Replace Iran in the 2026 FIFA World Cup?
Osimhen Out of Hospital After Successful Surgery, Eyes Quick Return
Osimhen Backed for Man United Move as Butt Says He Can Elevate Sesko
Drama Erupts as Verydarkman Fires Back at Blessing CEO Over Cancer Claim
Kpai Them All!” — Sarian Martins Unleashes Fury, Links Blessing CEO’s Illness to ‘Spiritual Payback’
Nwaiwu Earns Super Eagles Call-Up as Bassey Withdraws Ahead of Iran, Jordan Friendlies
Super Eagles star Alex Iwobi Leads 7-Man Premier League Player of the Month Shortlist
Delta Queens Edge FC Robo In Five-Goal Thriller to Boost Super Six Push
‎Injury knocks out ‘Super’ Calvin Bassey as Eagles suffer Int’l Friendlies blow‎
Osimhen Set for Race Against Time as Galatasaray Target Quick Return
Super Eagles Open Camp in Turkey Ahead of Iran, Jordan Friendlies
Chukwueze Set for Permanent Fulham Move After Impressive Loan Spell
Rivers United Humiliated as Nasarawa United Run Riot in 4–1 Thriller
‎Chelle can win next AFCON, He deserves a new contract –Ibitoye‎
‎Rivers United blame CAF Champions League for slump‎
Morocco National Team Captain Rejects AFCON Title, Backs Senegal as True Champions
‎Title race heats up as Rivers, Rangers face defining fixtures‎‎
Oborevwori Denies Assaulting Kickboxing Coach in Reimbursement Row
‎NFF faces court notice over congress misconduct‎
FULL CIRCLE AT WEMBLEY: ARSENAL, MAN CITY AND A FINAL LOADED WITH HISTORY
Finidi George Under Pressure as Rivers United’s Title Grip Slips
Osimhen Injury Shifted Momentum as Liverpool Power Through-Slot
Rivers United Stumble Again as Niger Tornadoes Strike Late to Deepen Title Tension
‎Ademola Lookman Cruise into UCL Q’finals, Osimhen Crash out‎
CAF Strips Senegal of AFCON Title, Crowns Morocco Champions After Dramatic Final Controversy
Ikorodu City Dominate Rivers United to Seal Crucial Home Victory
Rivers United Confront Tough Ikorodu City Test as NPFL Title Race Reaches Boiling Point
Obi Mikel Demands NFF Leadership Resignation After Nigeria’s World Cup Failure
Super Eagles Calvin Bassey is a beast” –Bryan Mbeumo‎
Ibinabo Fiberesima Opens Auditions For Web Series In Port Harcourt
Tinubu, NFF Mourns Former Super Eagles Coach Adegboye Onigbinde
Lemina Header Sinks Liverpool as Galatasaray Claim Crucial First Leg Victory
D’Tigress Arrive Lyon Ahead Of 2026 FIBA Women’s World Cup Qualifying
NPFL: Rivers United Trash Bendel Insurance to Remain Top
Dangote Refinery Recalls Sacked Engineers After Union Dispute
Who Increases Our BP?
Rivers Women Declare Support for Tinubu, Fubara
Supreme Court Verdict: Delta PDP Declares Crisis Over, Rallies Support Ahead of 2027
Bille Community Seeks Help Over Gas Leak Crisis
UAE Exit from OPEC Threatens Nigeria’s Crude Revenue