Delta State Under Scrutiny as Debts Remain Unsolved Despite claims of Reduction
Claims made by Governor Sheriff Oborevwori’s administration regarding the significant reduction of Delta State’s debt burden are facing intense scrutiny, with opposition parties labeling the claims "pack of lies" meant to mislead the public.
According to Governor Oborevwori’s spokesperson, Barr Fred Latimore Oghenesivbe, the state government claims to have reduced its debt burden by over 40% in the past year. He stated that the state’s debt decreased by more than N180 billion, resulting in a savings of over N205 billion. However, the All Progressive Congress, APC, has disputed this claim, describing it as "misleading and deceptive."
Valentine Onojeghuo, Publicity Secretary of APC, Delta State, argues that the state’s debt profile remained significant, with a staggering figure of N500 billion still outstanding. In his statement, "Delta State: A Tale of Misgovernance and Deceit," Onojeghuo accused the government of continuing a pattern of dubious borrowing established under the previous administration, led by Dr. Ifeanyi Okowa. Onojeghuo asserted that the state government relied on questionable loans approved by the State House of Assembly, with little evidence that these funds were used for the people’s benefit.
The APC spokesperson revealed that during Okowa’s administration, billion was borrowed from a bank with a questionable interest, with the majority used for the governor’s failed presidential campaign, while the rest was directed toward installing Oborevwori as his successor. Onojeghuo also lamented that the state’s debt problems resulted in a humanitarian crisis, impacting the living conditions of pensioners still owed billions in arrears and further exacerbating the state’s lack of infrastructure development.
Critics like APC argue that the state’s leadership engages in "propaganda economics," attempting to mislead citizens with false narratives. In this article, we delve into the alleged "pack of lies" and misrepresentations surrounding Delta State’s financial situation, examining the validity of Oborevwori’s debt reduction claims.
Original article updated [MM/DD/YYYY]
In today’s article, we have exclusively extracted the main story and provided straightforward clarification on the controversy surrounding Governor Oborevwori’s debt claims for Delta State.
