My Administration have N75Billion Naira in savings for Anambra State.
Governor Peter Okwute Obi —" My Administration have N75Billion Naira in savings for Anambra State..N25Billion Naira investment for the state.expected bank balances as at march 14th 2014 would be N11.5 Billion...federal Government of Nigeria approved refund is N10 Billion; Foreign Currency Investment of (US$155m) N26 Billion.Key projects include, N3.5 Billion in INTAFACT, N9B in Nigeria independent Power Projec; N4Billion in Orient Petroleum Resources PLC, N1B in Onitsha Hotel ; N1B in Agulu Lake Hotel; N0.9Billion in Awka Shopping Mall, N350M in Quoted investment portfolio, among others."
The Governor explained that his administration received about N620 Billion and N20 billion naira from Federal Allocation and interventions from Donor agencies and Development partners. He noted that in spite the State’s low revenue profile, his government completed over '801' Kms of roads that gave access to all parts of the State and opened up rural areas. He noted that collaboration with the Church transformed and repositioned the education and Health sector to meet the needs of the people.
According to the Governor, through strategic planning, prudent and transparent management of resources, as well as reduction in the cost of governance, his administration achieved integrated and comprehensive development in all sectors without '''borrowing or owing anybody'''.
He expressed satisfaction that his government had rescued the State and laid a solid foundation for sustainable development, stressing that the state was not cursed, rather the people were the cause of its previous challenges.........
Well let's wait and see. Mr. Obiano has no reason not to succeed .
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