Former Delta State governor, Dr Ifeanyi Okowa has said elder statesman, Chief Edwin Clark was not aware of the development strides in the state.
On the issue of N150 billion, he said it was not a loan but a bridging finance meant for oil producing states, not directly from FAC or derivation as alleged by Clark while he said the state assembly approves the budget of DESOPADEC.
“The money is N270 billion, the federal government agreed to pay installmentally in five years. Delta after getting clearance from the state assembly, used its own to defray pension arrears close to N60 billion and other projects. Instead of waiting for five years to assess the money, the state went to borrow N91 billion.
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