Trading

Imo State seeks financial support for development

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The new administration in Imo State is soliciting financial support from the federal government to address some of its urgent needs.

Governor of the State Hope Uzodinma disclosed this to State House Correspondents soon after he had a closed-door meeting with President Muhammadu Buhari on Thursday.

He said: I came to discuss this with President on some critical areas. Imo State you know is not solvent. Imo State is financially distressed the roads are so bad security situation is rough education is backward and a lot of things to do and we dont have the money.

So I have come to request the kind intervention of Mr. President to at least refund some monies spent on some of the Federal roads in Imo State before my arrival so that we can address some pressing issues like pension arrears salary areas so that we can get back the people recover the people first before we begin to talk of infrastructure.

The Consultants are still working but so far we have computed the monies in the neighbourhood of N32 billion and my first application to Mr. President I articulated those ones that will have prior approval before construction and a total sum of N12 billion has been recorded and I have submitted the request and in his magnanimity he has assured me that he will look into it very considerably.

Well a journey of one thousand miles will start with one step. Wherever it can take us to it will be a lift even if for palliative purposes. Whatever we will be able to achieve with whatever intervention given to us by Mr. President. It does not necessarily mean that all those monies owed to us will be given to us. he said.

Least Corrupt State

The Governor said he was happy with the index of the National Bureau of Statistics which rated Imo as the least corrupt state in Nigeria.

That is a very good commendation from them but if I begin to look into what led into the situation we have in Imo now I will be spending economic times and it will amount to waste. But however whatever may be the case we will be prudent in the way we manage whatever will be given to us in terms of intervention.

Today is not for me to begin to discuss the activities of past administration a time will come when we shall discuss in a very holistic manner that you will get every information you need he said.

Governor Uzodinma said he will look into ways of improving the states internally generated revenue IGR in order to boost its economic base.

It is good to be a creative thinker as a leader. I will look into how to make my IGR worthwhile. We will look for what are the peculiarities on ground and do those things that will be over tasking the citizens for the purposes of raising money.

We will do what will be a win-win situation between the government and the people of Imo State in such a manner that those who are paying the money will not suffer from harsh environment it will be willing to support the government and government also will not be losing monies.

For instance if you have these petty traders people whose incomes are between zero to one hundred thousand Naira a month running after them to pay tax for me it does not make any strong sense. We should look at our tax regimes and policies and see how we can get a review to some of them the Governor added.

Source: Voice of Nigeria

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