How FG’s budgetary allocations promote corruption -Wike

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Governor of Rivers State, Nyesom Wike, has said the Federal Government, inadvertently, promotes corruption whenever it allows paltry sums of money, in its yearly budget for a project, instead of the entire money required to complete such projects within the agreed time.

The governor made the observation while speaking at the inauguration of the GRA Junction Flyover project performed by Mike Ozekhome, SAN, on Saturday in Port Harcourt.

He said such practice encourages variation of the value of the projects, elongates the time specified to complete such projects, and most often, leads to abandonment.

“You know, I don’t like the word variation. It is not in my dictionary. That is where you see corruption. That is why when you see the federal government budget; how can you award a job of N60 billion, then in the budget of the year, you put N2 billion.

“What kind of contract is that? Why will there not be variation. That job will last in the next ten years and that is the problem we have in our contract execution,” Wike stated.

He explains that in such situations, the contract value becomes affected by inflation and there is a likelihood of adjustment of the items, which eventually breeds corruption.

He pointed out that such culture was not encouraged in Rivers State under his administration and there is no rationale for him to spend four years, for example doing a particular project.

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