Imo governorship aspirant raises alarm over n93b debt profile
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IMO GOVERNORSHIP ASPIRANT RAISES ALARM OVER N93B DEBT PROFILE
A governorship aspirant in Imo State, [Name], has raised alarm over the alarming debt profile of the state, which he claimed has reached a staggering N93 billion.
Speaking at a press conference in Owerri, the aspirant expressed deep concern over the financial burden that the debt would place on the state and its people, particularly in the face of dwindling revenue and inadequate infrastructure.
"We cannot continue to mortgage the future of our state by accumulating debt without a clear plan for repayment," the aspirant said. "The current debt profile of N93 billion is unsustainable and would only lead to further economic hardship for our people."
The aspirant also accused the current administration of Imo State of mismanaging the state's resources, leading to the accumulation of debt. He called for transparency and accountability in the management of state funds, and urged the people of Imo State to demand better from their leaders.
"We need leaders who are committed to the development of our state, not those who are more interested in lining their pockets with public funds," the aspirant said. "We need leaders who will prioritize the welfare of our people and ensure that our state is developed sustainably."
The aspirant's comments have sparked a heated debate in Imo State, with many calling for greater transparency and accountability in the management of state funds. The state government has yet to respond to the aspirant's allegations, but the issue is likely to remain a major topic of discussion in the lead-up to the governorship election.