Controversy is trailing the recent claim by Governor Sheriff Oborevwori’s administration that the state’s debt burden has been drastically reduced by over 40 per cent in the past year.
Barr Fred Latimore Oghenesivbe, the Executive Assistant to Governor Oborevwori on Communications, had claimed during a radio programme in Lagos that the governor reduced the state’s debt by more than N180 billion and saved over N205 billion through prudent management. The All Progressive Congress, APC , however, described the claims as misleading and intended to deceive the people of Delta State.
Continuing, the statement said: “The truth behind the state’s debt reduction claims by officials of the state government is that over half of federal revenue accruals to the state is being debited at source in strict compliance with irrevocable standing payment order already issued by the state government and used to service these debts that were piled up by both Okowa and Oborevwori, leaving the state with no funds to execute capital projects.
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