•Says victory for Oborevwori will ensure continuity of PDP’s policies, good governance
Obinna Chima
Delta State Governor, Dr. Ifeanyi Okowa has said a substantial amount of the state’s present debts were inherited by his administration from previous governments.
Delta State’s domestic debt is presently at N154.6 billion while its foreign debt is at $61.4 million.
Speaking during an interview with Arise Television yesterday, Okowa, who also thanked the people of the state for voting the Peoples Democratic Party (PDP) in the just concluded governorship election, said, “what we have done is to pay down that debt to a reasonable level.”
“By the time we came in, it was quite tough and we couldn’t pay salaries. What we did then, all governments in the country, restructured the debts of their states. We worked with the federal government and restructured those debts to about 30 years.
“So, that debt has over the past eight years has been paid down…
Source: Thisday Newspaper
