Monday, April 28, 2025

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    Opinion

    Financial crises have crippled the activities of kogi government aftermath of the controversial victory at the apex court as contracts awarded at the state executive meeting had no cash backing
    Reliable sources close to the sit of government confirmed this development as the funds available to the state for infrastructural development and other projects were hurriedly mopped up and diverted into buying judgement from the courts and into private pockets
    The government has however devised a systematic devise to continue to roll out contracts without mobilisation to site but only to impress on the public as a performing government
    Aside over bloated and needles renovations hurriedly embarked upon running into millions of naira in the seat of government and some offices within and outside the state,contracts for road rehabilitation from Idah to umomi remains a mirage as well as that of the governors village
    Another sources confirmed on the fact that the government has spent so much on marabouts,‎prayer warriors and falling prey of fraudsters which prominent role and desperate moves was to attain victory at all the levels of the litigation
    The situation is so critical that civil servants are only been screened without any assurance of payment of their salaries hence buying time to access the federal allocation that have dwindled for quite some months
    Several obligations and financial ‎commitment hurriedly created to leave huge liabilities for the unforseen circumstances have bounced back on the government as deductions from the proceeding have commenced in earnest
    The office of the Accountant general have been mandated by government to enter into short term and long term agreement to source for funds to offset some of‎ its basic obligations without response from the financial institutions
    Another source eavesdroped that government is planning to renege on its earlier decisions to engage consultants ‎to ascertain the level of progress on the projects embarked by the immediate past administration to enable it assess the balance of the bond with the impression that the projects are still running
    It will be recalled that over 7 billion kogi funds was committed to the three levels of the court that passed judgement in favour of the present administration since january till September this year
    Kogi government has blatantly refused to account for the 10 Billion naira infrastructure funds,20 billion naira bailout ‎funds,other special funds and the internally generated revenue rejigged as taunted by this administration
    With the gloomy situation,state workers are expected to celebrate once again this year christmas and new year fast approaching in a precarious atmosphere owing to non payment of salaries to workers and pensioners

    About Michael Idakwo

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