Rivers State Governor, Nyesom Ezenwo Wike, has threatened to stop transacting government business with any financial institution in the State that will frustrate or delay the delivery time of any development projects of his administration in the state.
A Government House press statement issued by Governor Wike’s Special Assistant on Media, Kevin Ebiri, in Port Harcourt on Saturday said that the governor was reacting to complaints that some banks that received money and handle various payment schedules for his administration often fail to release agreed contract sum to contractors.
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The Governor, who spoke at the flag-off ceremony for the construction of Aluu -Omagwa Road, said the state government would not hesitate to terminate any contract it had with such financial banks.
“Part of the problems we have is the banks. When you give contractors money, the banks will make sure that they delay the release of the money.
“The next time any of our contractors complain about their funds not being released to them, that will be the day we will terminate any relationship we have with them.
“No bank will hold us to ransom. We cannot continue to work like this. Nobody will frustrate our work.
“Any contractor that is being frustrated by them, do not hesitate to let us know.
“We cannot allow them to frustrate our work,” the Governor was quoted in the statement.
Governor Wike stated that he had fulfilled every promise made to the people of Ikwerre Local Government Area that included schools and roads.
Having received such measure of development projects, Governor Wike urged them to stop being politically naive particularly when it comes to giving more votes to the Peoples Democratic Party (PDP).
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