Close Menu
IkengaOnline.com
    Facebook X (Twitter) Instagram
    IkengaOnline.com
    Facebook X (Twitter) Instagram YouTube
    Donate
    • Home
      • Igboezue
      • Hall of Fame
      • Hall of Shame
    • News
      1. Other States
      2. National
      3. International
      4. Interviews
      5. Personalities
      6. View All

      Eight abducted Benue JAMB candidates regain freedom after 3 days 

      April 19, 2026

      Gunmen abduct 14 UTME candidates, other passengers in Benue

      April 17, 2026

      Over 50 traders feared dead as NAF airstrike hits market near Borno–Yobe border

      April 12, 2026

      CSOs fault army, demand action over Kaduna killings, abductions

      April 10, 2026

      Breaking: Nenadi Usman emerges Labour Party national chairman

      April 28, 2026

      2027: Obi visits Jonathan with S-East leaders, says it’s for consultation not endorsement 

      April 28, 2026

      Alleged coup: Court orders accelerated trial of six, fixes April 29

      April 27, 2026

      How govt officials allegedly blocked Obi’s computers donation to Chibok school

      April 26, 2026

      US begins visa ban on religious freedom violators in Nigeria

      April 11, 2026

      Obi: U.S. security directive on Nigeria, alarming, national emergency

      April 9, 2026

      U.S. Embassy in Abuja suspends visa appointments over insecurity 

      April 9, 2026

      Trump announces ‘double-sided ceasefire’ between US, Iran

      April 8, 2026

      Slash jumbo salaries to pay minimum wage, Bishop tells Tinubu

      June 19, 2024

      Nigeria remains a country in crisis that needs to heal – Chido Onumah

      January 24, 2024

      The Ekweremadus: Obasanjo writes UK court, seeks pardon for them

      April 5, 2023

      I’m coming with loads of experience to re-set Abia – Greg Ibe

      February 1, 2023

      Anambra-born Ugochi Nwizu shines as UNN best graduating doctor with multiple distinctions

      September 29, 2023

      Bulwark for women, girls: Meet Ikengaonline September town-hall guest speaker, Prof Joy Ezeilo

      September 27, 2023

      Rufai Oseni, the most dangerous man on Nigerian TV by Okey Ndibe

      February 13, 2023

      Stanley Macebuh: Unforgettable pathfinder of modern Nigerian journalism by Uzor Maxim Uzoatu

      February 7, 2023

      PSG edges it in nine-goal thriller against Bayern

      April 28, 2026

      Breaking: Nenadi Usman emerges Labour Party national chairman

      April 28, 2026

      2027: Ogbee joins senatorial race

      April 28, 2026

      Firm partners Enugu govt, donates 100 doses of malaria drugs to mark WMD

      April 28, 2026
    • Abia

      Breaking: Nenadi Usman emerges Labour Party national chairman

      April 28, 2026

      Onyejeocha hints at 2027 comeback, cites Tinubu’s backing

      April 25, 2026

      Issues as S’East ex-govs endorse Tinubu: Has Ngige finally succumbed?

      April 23, 2026

      Otti’s Aba transformation proof progress is possible in Nigeria — Okonkwo

      April 22, 2026

      14 Brigade, NSCDC strengthen security ties in Abia

      April 22, 2026
    • Anambra

      Issues as S’East ex-govs endorse Tinubu: Has Ngige finally succumbed?

      April 23, 2026

      Ojukwu stood for justice, power of ideas – Bianca

      April 23, 2026

      ALGAF fellows task mayors on citizen-centric budgeting, governance in Anambra

      April 13, 2026

      UNIZIK librarian calls for urgent reforms to reposition Nigerian libraries

      March 30, 2026

      South-East youth urged to leverage electoral reforms for inclusive democracy

      March 30, 2026
    • Ebonyi

      2027: Ogbee joins senatorial race

      April 28, 2026

      2027: Usulor joins Ebonyi Central senatorial race

      April 27, 2026

      Issues as S’East ex-govs endorse Tinubu: Has Ngige finally succumbed?

      April 23, 2026

      Nwifuru okays funds for Ebonyi varsity first class scholarship recipients

      April 18, 2026

      Two chairmen emerge as Ebonyi ADC factions hold parallel congresses

      April 12, 2026
    • Delta
    • Enugu

      Firm partners Enugu govt, donates 100 doses of malaria drugs to mark WMD

      April 28, 2026

      Diaspora community donates surveillance drone, motorbikes to Nsukka communities

      April 28, 2026

      Police arrest suspected kidnapper, rescue victim in Enugu

      April 27, 2026

      Flooding: NEMA begins massive sensitisation in 3 South-East states

      April 26, 2026

      Fraud allegations, investment in ruins: Inside the Nwobodo–Ogbuanu property dispute

      April 26, 2026
    • Imo

      Tension in Owerri as herdsmen kill motorcyclist, abduct FUTO student

      April 26, 2026

      Issues as S’East ex-govs endorse Tinubu: Has Ngige finally succumbed?

      April 23, 2026

      Tiger base: RULAAC raises alarm over alleged torture of detainee in Imo

      April 15, 2026

      RULAAC asks Gov Uzodimma to probe land grab allegations, demands justice for victims

      April 1, 2026

      MASSOB urges Ndigbo to obtain PVCs, lists benefits

      March 13, 2026
    • Rivers

      Hope comes alive for abused women in Eleme 

      April 18, 2026

      Aba Power breaks new ground with electricity supply to Rivers

      February 22, 2026

      Investigate Asari Dokubo over anti-Igbo rants now, IIC tells security agencies

      February 20, 2026

      Ohanaeze inaugurates committee on Igbo strategic engagement

      February 2, 2026

      Rivers assembly vows to proceed with Gov Fubara, deputy’s impeachment process 

      January 16, 2026
    • Politics

      Breaking: Nenadi Usman emerges Labour Party national chairman

      April 28, 2026

      2027: Ogbee joins senatorial race

      April 28, 2026

      2027: Obi visits Jonathan with S-East leaders, says it’s for consultation not endorsement 

      April 28, 2026

      2027: Usulor joins Ebonyi Central senatorial race

      April 27, 2026

      2027: Opposition moves to unseat APC with single candidate

      April 25, 2026
    • Opinion & Editorial
      • Editorial
      • Columnists
        • Osmund Agbo
        • Chido Onumah
        • Uche Ugboajah
        • Hassan Gimba
        • Edwin Madunagu
        • Rudolf Okonkwo
        • Azu Ishiekwene
        • Osita Chidoka
        • Owei Lakemfa
        • Chidi Odinkalu
      • Opinion
    • Special Reports
    • Art & Entertainment
      • Nollywood
      • Music
      • Ikengaonline Literary Series (ILS)
      • Life
      • Travels
    • Sports
    • Privacy Policy
    • About Us
    • Contact Us
    • Terms & Conditions
    IkengaOnline.com
    Home » Abia’s debt profile already high, no need for another loan – Ichita
    Abia

    Abia’s debt profile already high, no need for another loan – Ichita

    EditorBy EditorOctober 20, 2022No Comments4 Mins Read

    Stephen Ukandu, Umuahia

    The recent claims by Governor Nyesom Wike of Rivers State that Abia State was being blocked from securing loan from the Central Bank of Nigeria because of Governor Okezie Ikpeazu’s support for him, has been challenged by the member representing Aba South state constituency in the state House of Assembly, Hon. Obinna Ichita.

    Hon. Ichita who dismissed the claims as political rhetoric, said that Abia’s debt profile was already high, arguing that the state does not need any fresh loan.

    According to him, “the government of Abia knows that the people of Abia have finally decoded all their lies and vain talks, hence they have resorted to bringing in their friends and associates at any little opportunity, to sell new lies to the people in the hope that our people will fall for their propaganda. Fortunately (but unfortunately for them) our people are now wiser and smarter.”

    Wike who made the claims while inaugurating a library at Obingwa, threatened to expose those behind the blockade.

    But in a swift response, Ichita argued that was suspicious for an outgoing administration to go for a fresh loan at the verge of its expiration.

    The All Progressives Grand Alliance, APGA, lawmaker,  challenged Ikpeazu to first, account for the previous loans obtained by his administration before thinking of a fresh loan.

    In a strongly worded press statement issued Thursday in Umuahia, the lawmaker said Abians were wise enough to decipher political gimmicks.

    The statement made available to Ikengaonline read in part: ” On the recent claims by one of the Governor’s associates that some persons stopped the CBN loan to Abia State apparently as punishment to Gov. Ikpeazu for standing with him, I want to say that Abia State does not need any further loans at the twilight of Ikpeazu’s administration.

    “It is risky for Gov. Ikpeazu to go for a fresh loan in less than eight months to the end of his tenure when he has not given any good account of how he deployed the previous loans he obtained.

    “The State Government should also tell us what the Government has achieved with over 100 billion naira loan it has incurred in domestic debt.

    “This is different from other sources of revenue like: Statutory allocation, Ecological Fund , 13 % derivation, financial donations from international donor agencies and so on. No one mentions the Internally Generated Revenue (IGR).”

    The APGA deputy governorship candidate for 2023, accused the PDP-led Government of under-developing Abia State.

    He particularly accused the Government of neglecting the oil-producing areas in the state.

    “Why is Ukwa land, the only  oil- producing community in Abia, in complete ruins with no basic infrastructure?

    “What did the Government do with the money meant for the flood mitigation project in Ifeobara, Ariaria ? What happened to the World Bank loan of 56.4 million US dollars ?

    “Why has the Government decided  to ignore, abandon and maltreat the people in Port Harcourt Road, Aba, whose roads and houses were destroyed by Abia State Government?

    “Are people in Uratta, Ozuomba, Ohanku, Obohia, Owerri Aba, Omuma and Faulks Road still part of Abia State?”

    The lawmaker also refuted claims that a  certain presidential candidate in Nigeria stopped the CBN from disbursing  money meant for the construction of Ariaria market in Abia, dismissing it as “a fat lie.”  

    “I challenge Abia State Government to make public, any personality or any authority that has withheld any money due to Abia state.

    “The assumption by the people in charge of Abia State Government that the people of Abia State are naive, primitive and uninformed is the height of insult on the industry and intellect of Abia people.”

    The lawmaker urged Abians “to  ignore the propaganda  by Government and join in the efforts to birth a new Abia.”

    “Our hope is that a new Abia is on the horizon; An Abia where good governance and impactful leadership shall be enthroned and experienced by our people irrespective of their nativity or their locality.”

    Editor
    • Website

    Related Posts

    PSG edges it in nine-goal thriller against Bayern

    April 28, 2026

    Breaking: Nenadi Usman emerges Labour Party national chairman

    April 28, 2026

    2027: Ogbee joins senatorial race

    April 28, 2026
    Leave A Reply Cancel Reply

    • Home
      • Igboezue
      • Hall of Fame
      • Hall of Shame
    • News
      • Other States
      • National
      • International
      • Interviews
      • Personalities
    • Abia
    • Anambra
    • Ebonyi
    • Delta
    • Enugu
    • Imo
    • Rivers
    • Politics
    • Opinion & Editorial
      • Editorial
      • Columnists
        • Osmund Agbo
        • Chido Onumah
        • Uche Ugboajah
        • Hassan Gimba
        • Edwin Madunagu
        • Rudolf Okonkwo
        • Azu Ishiekwene
        • Osita Chidoka
        • Owei Lakemfa
        • Chidi Odinkalu
      • Opinion
    • Special Reports
    • Art & Entertainment
      • Nollywood
      • Music
      • Ikengaonline Literary Series (ILS)
      • Life
      • Travels
    • Sports
    • Privacy Policy
    • About Us
    • Contact Us
    • Terms & Conditions

    Facebook X (Twitter) Instagram LinkedIn WhatsApp RSS
    • Home
    • Art & Entertainment
    • Life
    • News
    • Sheriff Court
    • Sports
    • Tech
    • Privacy Policy
    • About Us
    • Contact Us
    • Disclaimer
    • Terms & Conditions
    © 2026 Ikenga Online. Ikenga.

    Type above and press Enter to search. Press Esc to cancel.