Abia State Governor Alex Otti has bemoaned the state’s circumstances since assuming office in May 2023. Remember that after Otti won the Saturday, March 18, 2023, gubernatorial election, the Peoples Democratic Party (PDP)’s 24-year rule in Abia state came to an end.
The governor claimed that his predecessor, Okezie Ikpeazu, left the state in poor shape when he was a guest on Channels Television’s Politics Today on Thursday, February 29, 2024. “Absolutely, very, very bad shape, but I am not complaining,” Otti remarked. I’ve rolled up my sleeves and am just interacting with this new acquaintance of mine.
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The governor continued, saying that although he was not entirely opposed to loans, his main complaint was that he was unaware of the purpose of the funds that his predecessor, Ikpeazu, had borrowed.
Otti stated, “My worry is not really about debt, it is about what the debt is used for. If you inherited a debt profile of ₦34.4 billion by May 29, 2015 and eight years later you ran that debt to about ₦192.2 billion; I really can’t see anything that you have done with the money, salaries were not being paid, pensioners were being owed, infrastructure was decaying, the place go into ruins, schools were run down completely, hospitals were dilapidated.”