The outgoing Governor of Imo State, Rochas Okorocha, on Monday said he would be handing over N42.5bn to his successor, Emeka Ihedioha.
He said he decided to keep the money for the incoming governor so that there would not be excuses in carrying out government’s activities.
Okorocha spoke while inaugurating 11 new permanent secretaries, including the new Accountant-General and Permanent Secretary, Donald Igbo; and the new Head of Service, Mrs Ngozi Eluma.
He said N8.1bn was meant for the payment of salaries and capital projects, while N5.2bn was for pension arrears. Read more