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Imo governorship aspirant raises alarm over N93b debt profile


Rochas Okorocha

A governorship aspirant in Imo State Frank Nneji, at the weekend expressed worries over the N93 billion debt profile of the state.

Nneji, who is Chief Executive Officer and Managing Director of ABC Transport, promised to institute the Imo First Policy if elected governor of the state next year.

Nneji, who is aspiring to run for office under the All Progressives Grand Alliance (APGA), disclosed this while interacting with journalists and businessmen in Owerri.


He noted that Imo witnessed positive and people-oriented growth during the late Sam Mbakwe era, arguing that anybody who wishes to govern the state from 2019 should be ready to start from where Mbakwe stopped.

Nneji, who hails from Ezuhu-Nguru, Aboh Mbaise Local Council, lamented that the state was witnessing misrule in spite of the fact that it was endowed with no fewer than 163 oil wells 42 years after its creation.

His words: “Imo is ranked 34th among states on ease of doing business in Nigeria. It is easier to do business in other 33 states than in Imo. Katsina and Bauchi are high in ease of doing business.

“This is comparative analysis from sub-national index. We will institute Imo First Policy.

We will ensure anything we can produce will be made in the state. We will not go outside Imo to import.

“I have a draft bill of Imo State Business Agency, which I will present to the House of Assembly if elected. I will ensure that the house passes it under my administration to boost trade, commerce and other industrial activities.

“Imo has about N93 billion debt profile from the Debt Management Office (DMO of 2016. Definitely, it has grown more than that.”

Meanwhile, Governor Rochas Okorocha has given further insights into why he preferred his son-in- law, Uche Nwosu, to succeed him as governor, contrary to the opposing views, saying he would be greatly missed when he leaves office next year.

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