Showing posts with label Monorail Project. Show all posts
Showing posts with label Monorail Project. Show all posts

Friday, 28 August 2015

Amaechi sacked his entire executive cabinet to inflate the Monorail Project cost - Ministry tells Rivers Probe Panel

Amaechi sacked his entire cabinet to inflate the Monorail Project cost - Ministry tells Rivers Probe Panel
The Head of Safety and Aviation Department in the Rivers State Ministry of Transport, Mr. Saya Antiok, said on Thursday that the former state governor, Rotimi Amaechi, sacked his cabinet during his first term in office in order to award the monorail contract to a firm, TSI Property and Investment Holding Limited. Antiok suggested that the cabinet was sacked in order for Amaechi to inflate the contract cost.

This is coming as it has been revealed that the Amaechi’s government had spent over N33.9 billion from the initial N50 billion earmarked for the entire Phase One of the controversial monorail project. The original scope of the monorail project is 21.7 kilometers and valued at Two hundred and fifty million Euros (€250m). 

Thursday, 27 August 2015

Amaechi panics as Rivers State Judicial Commission of Inquiry begins probe of N150 billion Monorail Project

Amaechi panics as Rivers State probe panel begins inquiry into N150 billion Monorail Project
The immediate past governor of River State is a ghost of himself.  Checks made by The Biafran can confirm that the highly loquacious Amaechi has turned into a recluse. This is revelations of how he looted the Rivers State's treasure continue to emerge.