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| Rotimi Amaechi |
Even though Governor Amaechi is just at the beginning of his second
term in office he apparently has a view of his legacy at the end. One
vow he has made is to handover a debt free treasury to his successor
despite his recent recourse to debt options to sustain his works in
progress.
One problem many new Governors are faced with is the high debt portfolio left behind by predecessors.
It is a phenomenon common to all three tiers of government. Although
the debts which are usually in form of loans and bonds are always said
to be used for the good of the people through the provision of
infrastructure, it is common knowledge that most of the debts somehow
can also be traced to the private accounts of many individuals who were
once in government.
Obvious of the problems new administration pass through on account of
the debt overhang, Governor Chibuike Amaechi of River State has assured
members of Rivers State House of Assembly and the people of the state
that his administration will not leave any debt behind for the in-coming
administration at the expiration of his administration come 2015.
Interesting, I just hope he'll be able to fulfill his vow...goodluck!
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