I have not borrowed money to execute projects – Okorocha

Gov. Rochas Okorocha of Imo State says he has not borrowed any money to execute ongoing projects in the state.

Okorocha made the disclosure in a statement signed and issued to the News Agency of Nigeria (NAN) in Owerri on Friday by his Chief Press Secretary, Mr Sam Onwuemeodo.

“I was able to fund such projects following my unconventional style of administration that has blocked all financial leakages,” the statement quoted the governor as saying.

The governor described the state as the `fastest developing state’ in Nigeria, adding that he was able to achieve the feat through sacrifice and prudence especially in handling public fund.

“ I have not borrowed any money; neither is Imo owing any bank or institution.

“I am using the state fund to execute all my projects for the state especially the new urban renewal program.

“Those people carrying rumours that the state is hugely indebted to new generation banks are either not well informed or enemies of progress.

“Upon completion of the massive infrastructural developmental stride of this administration, the incoming governors will have less work to do for the state.

“I am laying a solid foundation for the future and I have cut off all means of embezzlement.

“This bold step has enabled me to achieve what I am doing today,’’ he said.