Governor of Rivers State, Nyesom Wike, has said the Federal Government, inadvertently, promotes corruption whenever it allows paltry sums of money, in its yearly budget for a project, instead of the entire money required to complete such projects within the agreed time. He said such practice encourages variation of the value of the projects, elongates the time specified to complete such projects, and most often, leads to abandonment. That job will last in the next ten years and that is the problem we have in our contract execution,” Wike stated. He pointed out that such culture was not encouraged in Rivers State under his administration and there is no rationale for him to spend four years, for example doing a particular project. The governor added, “Now if you’re putting N2 billion each year, that means in ten years time, it’s N20 billion.

Source: Punch December 12, 2021 07:51 UTC