Hope Uzodimma, the governor of Imo State, has credited the economic reforms of President Bola Tinubu for the sharp increase in Imo State’s revenues, saying the state’s monthly allocation from the Federation Account Allocation Committee (FAAC) rose from about ₦100 million after salaries in 2020 to over ₦10.7 billion following the removal of fuel subsidy.
Uzodimma also said the state’s internally generated revenue had increased from less than ₦400 million to nearly ₦6 billion monthly, while its debt profile had dropped from ₦287 billion in 2020 to less than ₦90 billion.
The governor made this known at the Government House in Owerri while receiving members of the Renewed Hope Ambassadors the Media Team who toured infrastructure projects across the state.
Drawing parallels between Nigeria’s current reforms and the biblical journey of the Israelites from Egypt, Uzodimma urged Nigerians to remain patient with the Tinubu administration.
“I want to liken what is happening today in Nigeria to the experience of the Israelites in the book of Exodus,” he said.
“Everything God did for the Israelites; all the wars that the Israelites won. God did not ask for anything but gratitude. He gives us therefore a lesson to our day-to-day living on earth.”
According to him, Tinubu assumed office with a clear understanding of the reforms required to reposition the country.
“When on May 29, 2023, President Bola Ahmed Tinubu was sworn in and he started rolling out reform policies, he was a man who…
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