The granting of request of Governor Udom Emmanuel by Akwa Ibom State House of Assembly at its plenary, to source for a N150 billion loan facility from the stock exchange market has generated heat.
Hear contributions of some of the members:
Udo Kieran’s Position (Oruk Anam)
The instrument the Governor is asking for is not a loan. He has what it takes to create the money in the money market. When I read the news on the media, I approached the Governor and asked him. He told me that he is not taking any loan.
He told me, “I swear to God, I am not taking a loan. What I am going to do is to create the money. He is a banker. He knows how to create money from banks. He knows how to get financial instrument sorted out. He has what is available to use as something to create the money. Having said that he is not taking a loan, I believe we should allow him to raise the money.’’
Charity Ido’ s presentation (Ukanafun)
I align myself with all the former speakers that this request is in order. I want to add that considering the fact that His Excellency, the Governor is a great leader and an accountant, he knows what he is doing. He is a leader of no mean repute, he can’t lead us astray.
Read also:
- Policy Alert alarmed by AKHA’s haste to pass 2022 Supplementary Budget
- Override veto on bills Gov withholds assent- CLO tells AKHA
- Akwa Ibom State Domestic Debt Profile staggers at N389 billion
As an Accountant, I want to say we have to ensure we support the Governor to leave the State better than he met. Considering the fact that I am from Ukanafun and we have an uncompleted General Hospital in Ukanafun, and I know part of this money will be used to complete that project. Mr. Speaker, I have the mandate of my people to support this request totally.
David Lawrence’s Position (Eket)
We believe the source of this request, the Governor. The Governor is an expert in managing resources. If he has created this ingenuity, my constituency (Eket) is satisfied that this will be in the benefit of Akwa Ibom community especially as it will not attract interest. I urge my colleagues to support this request so that the State may have enough resources through this instrument to cater for all the needs of the State.
Uduak Odudoh’s stance (Ikot Abasi/Eastern Obolo)
I have the mandate of the good people of Ikot Abasi State Constituency to support this request. I want to be counted today and I want to use the mandate of my people to support that this instrument be passed by the House.
Aniefiok Dennis’ Position (Etinan)
Having listened to the explanation made by the Leader of the House, Rt Hon Udo Kieran on the need for us to approve the request, by the requirement of Order 1, Sub-rule 13 of the Standing Orders of the House, it requires that anytime the Leader speaks, I must support it. So, I call on the House to support the request.
Aniekan Uko’s Position (Ibesikpo Asutan)
The explanation from the Governor is very clear on where he is going to get this money and the projects this money is going to address. One thing we should know is that no leader will want to allow the projects he embarked upon to become abandoned. I am a case study. There is a project I tried constructing in my constituency.
If I have the liberty to write to the House of Assembly to give me a leeway to get money and complete the project, Mr. Speaker, I will do. I want to say, on behalf of Ibesikpo Asutan State Constituency, I stand to say that I am in total support of His Excellency’s completion agenda. On that, I support the request so that the Governor can complete his projects.
