All Progressive Congress, APC, has expressed concern over the N40 billion Bond floated by the Cross River state government at the twilight of the administration.
The National Vice Chairman of the party (South-South), Mr. Hilliard Eta disclosed that the future of the state has been mortgaged by the Governor Imoke’s led government that has less than a year in office.
He faulted the decision of the state government to source for funds to service debts, when the state could have conveniently rescheduled such debt, noting that the people of Cross River have been put ‘in perpetual financial imprisonment.’
The APC stalwart described reasons by the state for floating the N40 Billion bond as ‘hallow and totally unacceptable.’
“No matter how poetic and flowery the language they are employing to justify the Bond, the truth of the matter is that money is going to be borrowed and at the end of the day we are going to make financial commitments. They are simply borrowing money to service debts.”
Mr. Eta also faulted the leasing of state owned general hospitals to private investors, adding that the lease of the hospitals will further worsen the deplorable state of health care delivery in Cross River.
According to him, ‘Governor Imoke is selling off our health sector in the name of leasing to private individuals. They do not understand what hospitals stand for and what it means for a government to have a hospital for its people. ‘
The APC zonal vice chairman said the party will institute legal action against the Cross River state government if the lease of the hospitals was not reversed.
But the state Commissioner for Information, Mr. Akin Ricketts said the leasing of the hospitals was in the best interest of the state.
He disclosed that ‘the intention of the administration is to ensure our people get effective healthcare delivery.’