Imo Guber: We shall create new income streams -Ezeh

A financial management expert and top contender for Imo gubernatorial seat, Mr. OkeyEzeh has assured Imo people that when elected his administration will create new income streams and build a local economy that will be among the three largest state economies in Nigeria.
He gave this assurance while receiving members of the Greater Imo Initiative who visited his campaign office at New Owerri on Wednesday to convey their endorsement of his candidature.
Ezeh, who is seeking the  nomination of the All Progressives Grand Alliance, APGA affirmed that he is passionate about creating value in all ramifications, and vowed that his stewardship will reposition the economy of the state as a matter of priority.
“Our economy must be well managed and the people’s resources must be used for their benefit. Our finances need to be rejigged. That is the first surgical operation I must do.
“Imo State is not efficiently managed financially as it ought to be.  It earns N3.2 bn every month and spends N4.5bn. In elementary economics, the only way to stay afloat is to increase revenue or cut cost,” he highlighted.
The accomplished banker regretted that the incumbent administration has done nothing to increase revenues. “Our IGR is a paltry N456m. We have Irrevocable Standard Payment Orders (ISPOs) which are derivable from bond proceeds we have drawn in the past. Imo has not been properly run. Borrowing money is not the problem; lots of money have been borrowed,” Ezeh decried.

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