$800m Garnishee Order Killing FCTA Economy – Wike
Federal Capital Territory (FCT) Minister, Nyesom Wike, has disclosed that there is a garnishee order to the tune of $800 million against the Federal Capital Territory Administration (FCTA).
The order, according to the minister, is adversely affecting the FCTA economy.
Although he refused to provide details of the $800 million garnishee, Wike vowed to take very hard decisions to restore the economy.
He threatened to take serious actions against personalities, whose actions negatively impact the administration.
Drawing attention to the impact of the order on the economy, Wike said “the amount is enough to fund the FCTA budget of over 10 years.
The minister, who briefed journalists at the premises of the FCTA, noted that the situation was so bad that the economy could be described as dead.
He said: “We are coming out to tell the people about what is on the ground, so that they can see what we have seen. I was asking the permanent secretary this morning, ‘how can there be a garnishee order of $800 million against the FCTA? How do you survive it? Who are those responsible for this, to the extent that there are no projects in the territory? Everything has been abandoned?”
“The place is just corrupt. The Auditor General will talk to me later. It is terrible. The President did not bring us here to begin to say you are my brother or sister. He brought us here because things are bad, and wants us to see how we can bring about change.”
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