Home » ‘Return our money’- Wike claims the Ikoyi money, gives FG seven days ultimatum

‘Return our money’- Wike claims the Ikoyi money, gives FG seven days ultimatum

by O. S David

‘Return our money’- Wike claimed the Ikoyi money, gives FG seven days ultimatum

-Ojo Oluwasegun

The Rivers State Governor, Nyesom Wike, says the huge sums of money, uncovered by the Economic and Financial Crimes Commission (EFCC), in an apartment in the Ikoyi area of Lagos on Wednesday, belong to Rivers 

The Governor made this know during a press conference at the Government House in Port Harcourt, the Rivers state capital last night.

Wike claimed that investigations by the Rivers government show that the money was the proceeds from the sale of gas turbines by the immediate past Governor Rotimi Amaechi now Minister of Transport.


Wike said “The money in question belongs to the former Rivers state governor, Chibuike Rotimi Amaechi.

”We want to confirm that the houses in Ikoyi also belong to Chibuike Rotimi Amaechi.

“If you recollect in 2015, we said that gas turbines built by former Governor Peter Odili were sold to Sahara Energy, business partners of Chibuike Rotimi Amaechi at $319 million.

“That money was used to sponsor the All Progressives Congress for the 2015 general elections. From the date of sale of the gas turbines to May 29, 2015, the money depleted from $319 million to $204,000. What was stashed at the Ikoyi residence was part of that fund.”

Meanwhile, the governor has challenged the federal government to set-up a panel to do the thorough investigation of the money.

He said all the stories of the money belonging to the National Intelligence Agency were false.

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“As I speak to you, the federal government is so embarrassed that this has happened. All the stories that the money belongs to the NIA are fake,” he said.

The governor said the Rivers state government needs the money to complete its collection of projects, said this criminal activity should not be swept under the carpet for any reason.

He also said as long as the federal government continues to disturb the progress of Rivers state, so long would God throw the government at the centre into confusion.

However, Wike has issued a seven-day ultimatum to the Federal Government to return the money to his government or he would be forced to take legal measures to recover it.

“We are giving them seven days to return our money. Otherwise, we would take legal action to recover our money. $43 million will help us complete several projects. We need that money for projects,” he said.


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