…as socio-cultural group endorses his administration
Akwa Ibom State Governor, Pastor Umo Eno, announced that by the end of September, a total of ₦35 billion in gratuity arrears will have been paid to beneficiaries since he assumed office last year..
The governor made the disclosure in Uyo, Akwa Ibom State Capital during a meeting with Mboho Mkparawa Ibibio, foremost Ibibio socio-cultural Organization.
According to him, nearly 50% of the accumulated backlog of decades-long gratuity burden of retired workers in the State would be offset after a further release expected within the month.
The Governor who emphasised his administration’s determination to prudently utilize Government funds said projects embarked upon by his administration, including securing a N60 billion for two Bombardier CRJ 900 aircrafts to further expand the fleet of the state-owned airline, Ibom Air, has been done without obtaining any loan from external sources.
Reaffirming his administration’s resolve to utilize State revenue in the most efficient manner, to fund development projects and make profitable investments for the State devoid of financial facilities that would put the state in perpetual indebtedness, the Governor said 25 projects will be kick-started and completed before the second anniversary of his administration, all without borrowing.
Justifying the need for prudent economic management, Governor Eno explained that the State Government would be going round a vicious circle of perpetual indebtedness, to the advantage of its creditors, if it depends on loans or other external financial instruments to fund major investments and projects.
He therefore asserted that his administration will rather strive to reserve funds from revenues accruing to the State for such purposes that would place Akwa Ibom people as primary beneficiaries of dividends from State Government investments.
In his words: “Since I came into office about fifteen months ago, we have undertaken very gigantic projects while still pursuing some more. About 25 projects are to be kick-started between now to when we will celebrate our second year in office.
“Recently, the executive Council of the State approved that we support Ibom Air to acquire two brand new aircrafts.
So I am very proud to announce to Mboho that we have released 60 billion Naira to Ibom Air to acquire two new CRJ900 aircraft from the state Government coffers.
“Our state must have an investment fund. We must deliberately and intentionally put away funds, to reinvest and put our state amongst the states that will continue to take the lead. If we were frittering away state funds, this state would not have afforded to purchase the new aircrafts.”
Governor Eno thanked the International President of Mboho Mkparawa Ibibio, Akparawa James Edet, for galvanizing support for his emergence as Governor and honouring him with the special gathering, as he commended the organisation’s pivotal role in uniting the various ethnic groups that make Akwa Ibom State, pledging to do his best to make the Mboho, by extension, entire Akwa Ibom proud, as their ambassador.
Earlier in his address, the International President of Mboho Mkparawa Ibibio, Akparawa James Edet, expressed delight over the privilege of hosting “Governor (Akparawa) Umo Eno,” describing him as a quintessential Ibibio son and great ambassador of the Mboho, while also acknowledging his magnanimity in appointing several members of the organisation into his administration.
Akparawa James Edet affirmed that the Governor, through his administration’s ARISE Agenda, has touched the critical sectors of the state and has moved the State forward at an impressive pace of development.
He therefore conveyed the commitment of the Mboho to support Governor Umo Eno’s administration and vow to endorse his second term bid.