Gov Amaechi Gives Account Of Steadwarship


Governor Chibuike Rotimi Amaechi of Rivers State yesterday gave an account of his  stewardship for the past three years at the Civic Centre, Port Harcourt, to a very  large crowd of people.

Summarising the total amount received in the last three years, Amaechi said the  state received N109 billion internally generated revenue while he received from the  Federation Account N723.9 billion. From other sources, he said the state received  N11.3 billion while all revenues totalled N845.17 billion.

Under recurrent expenditure, Amaechi said the state has spent N177.4 billion while  the capital expenditure was N643.5 billion. The total expenditure the state  government has incurred is N821.17 billion.

Governor Amaechi told Rivers people that the state has N25 billion in its savings  account as a result of a compulsory saving legislation which the administration  passed into law. It stipulates that the state must save N1 billion every month which  cannot be spent except the state House of Assembly approved it.

Amaechi said he has transformed education, health, road, infrastructure and has  provided security for lives and property where people can move at night freely and  enjoy themselves.

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On inadequate power supply, Amaechi said the problem was not power generation as  more power than the population could consume was generated.

To combat distribution problem, Governor Amaechi disclosed that his government was  importing 2,000 transformers while 500 communities will be supplied with  electricity.

—Okafor Ofiebor/     Port Harcourt

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