Skip to main content

Advertisement

If PDP Were A Company, I Would Own 90 Percent — Kalu

A former Abia state governor, senator representing Abia North, Orji Kalu, says if the Peoples Democratic Party (PDP) were to be a company, he would own 90 percent of it.

Speaking during his statement of defence on Tuesday before a Lagos Division of the Federal High Court, Kalu said

Kalu, who is facing trial for alleged corruption when he served as governor between 1999 and 2007, said:

“Before I became governor, we were forming PDP in my house in Maryland. If PDP were a company, I will own 90 percent. The N5million that was used to register PDP in 1998 was provided by me. I provided the majority of the money used in running PDP.

“When Obasanjo came out of prison, I gave him N100 million to fund his campaign, ” he said while explaining how he dabbled into politics from business.

“When I came in as governor, there was no money to buy diesel in Government House. I used my money to run the state in the first six months. As at June 1999, the monthly allocation to Abia State was averaging between N168-172 million. ”

“The highest I got as governor came November 2004 when we got N1 billion. From then till May 2007, what we had was N1.6billion. That was the highest we got during my time as governor and I never owed salaries or pensions.”

Kalu’s counsel, Awa Kalu, asked him to make statements on the internally generated revenue (IGR) of the state, the former governor said the revenue generated by the state when he became governor was N5million.

“Internal revenue when I took over was N5million monthly but before I left, it was over N500 million monthly. I invited a man from Kwara who gave us a plan on how to increase revenue.”

The post If PDP Were A Company, I Would Own 90 Percent — Kalu appeared first on Naijaloaded | Nigeria's Most Visited Music & Entertainment Website.

Comments

Facebook

Ads

Popular posts from this blog

Sóller hike followed by a healthy vegan lunch

We got a group of friends together (of various ages and fitness levels) to hike around the hills surrounding the Mallorcan town of Sóller, in the northwest of the island. There are many quite easy trails but usually, it involves a bit of hiking up and downhill. We began our walk at the first roundabout after the tunnel and climbed for about 25 minutes uphill after that it was reasonably flat for the next hour or so. The final part was decent into the town of Sóller where we had booked a private vegan brunch for our group. Barbara and Martjin opened Ecocirer in March 2018 as a vegan hotel with 6 bedrooms in the town of Sóller. It is the ideal accommodation for a family celebration if you would like to enjoy healthy vegan food with plenty of activities to get you out into the beautiful nature surrounding the picturesque town. The expe...

Christmas cocktail party at Palacio Can Marques

The five-star  Palacio Can Marques  hosted their  ‘Trim the Tree’ Christmas cocktail party with abcMallorca, attracting a stylish crowd to the new boutique hotel for  festive fun . Great cocktails, gourmet finger food, and Christmas singing set the seasonal mood, while a total of €715 was raised for Aspanob, a local charity that supports children with cancer. The post Christmas cocktail party at Palacio Can Marques appeared first on Luxury Lifestyle .

John Gallagher death: How John Gallagher Blacklist death happened

John Gallagher death happened March 2, 2019. John Gallagher blacklist died due to complications from two heart attacks. He was honoured by the Blacklist after the dedicated the Season 6 episode 20 to his memory alongside Iden Kamishin. John Gallagher death: Before his death, John E. Gallagher III, was husband to Rosanne (Rose) and father of two – Elizabeth and Danielle, and eldest brother to Paula Scott, Grace Aquilino, and Joe Gallagher, as well as an uncle and godfather to many. John died Saturday, March 2, 2019, due to complications after two cardiac arrests. His obituary reads: John was a deeply loved and admired man. His presence impacted the lives of life long friends as well as many people in the film/TV industry. As a man always behind the camera, his influence was not always recognized but it was felt by all. His talents allowed for great accolades to be achieved, and he remains an inspiration to each of us. His existence in our lives allowed us to be better peo...