• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, May 10, 2026
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Economy

Delta UK Funds: FG should not rob Peter to pay Paul – Okowa’s EAC

by NewsNet Nigeria
5 years ago
in Economy
Delta UK Funds: FG should not rob Peter to pay Paul – Okowa’s EAC
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

The Executive Assistant to the Governor of Delta State on Communications, Fred Latimore Oghenesivbe has advised the federal government not to use Delta recovered funds for projects outside the state, saying that such move is inconsistent with certain provisions of the constitution of the federal republic of Nigeria as amended.

Oghenesivbe, a lawyer in a swift reaction to the planned deployment of the £4.2 million repatriated by the British government, said the funds were declared Delta State Money by UK authorities and should be used for state and federal projects within Delta.

He pointed out that what the APC national government under President Muhammadu Buhari, plan to do with the recovered money amounts to robbing Peter to pay Paul since the funds have been lawfully tagged “Delta money”.

The governor’s aide commended members of the Federal House of Representatives over a resolution on Wednesday instructing the Attorney General of the Federation and the Ministry of Finance to perfect documentation for the remittance of the repatriated funds to the rightful owner, Delta state government, describing the move as patriotic and forthright.

He further asserted that the federal government did not do well by unilaterally deciding what to do with Delta state recovered funds without recourse to due process of negotiating with the state government and the governor, Dr Ifeanyi Arthur Okowa.

According to him, under subsisting laws, the property of Delta state cannot be confiscated, diverted or used by the federal government under the guise of fighting against corruption as can be deduced from the present scenario.

Okowa’s EAC noted that the position of the House of Representatives on the repatriated funds cannot be faulted because the money was rightly tagged “Delta State funds,” urging the Buhari administration to expedite action to remit the money to Delta or use the funds for federal projects in the state.

Oghenesivbe argued that what is obtainable under the law and in the instant case, is for the federal government to deduct legal charges, including the cost of logistics and remit the balance to the Delta state government.

According to him, the other alternative is for the federal government to consult the Delta state governor and the government, so as to reach an amicable agreement on how to use the funds to initiate or complete critical state and federal government projects in Delta State, and not to divert Delta recovered funds for ongoing federal projects in other states of the federation while neglecting the genuine owner of the money.

Previous Post

NLC leads protest to NASS over minimum wage bill

Next Post

How poverty led me to entertainment – Broda Shaggi

MORE NEWS

From River Routes to Roads: Oborevwori Flags Off N29.8bn Aboh-Akarai Project
Economy

From River Routes to Roads: Oborevwori Flags Off N29.8bn Aboh-Akarai Project

May 6, 2026
Jaro Egbo Ends Transcorp Power Dispute, Wins Recognition, Benefits for Oko-Erhavwe
Economy

Jaro Egbo Ends Transcorp Power Dispute, Wins Recognition, Benefits for Oko-Erhavwe

May 5, 2026
EFCC Warns Fintech CEOs: One Bad Transaction Can Ruin Your Brand
Economy

EFCC Warns Fintech CEOs: One Bad Transaction Can Ruin Your Brand

May 2, 2026
Naira Under Pressure as Forex Volatility Persists
Economy

Naira Under Pressure as Forex Volatility Persists

May 2, 2026
Next Post
How poverty led me to entertainment – Broda Shaggi

How poverty led me to entertainment – Broda Shaggi

Leave Comment

RECENT STORIES

Obi’s Path Clears as NDC Reserves 2027 Ticket for Southern Candidate

Obi’s Path Clears as NDC Reserves 2027 Ticket for Southern Candidate

May 9, 2026
Delta Police Smash Church Robbery Syndicate, Recover Looted Equipment Worth Millions

Delta Police Smash Church Robbery Syndicate, Recover Looted Equipment Worth Millions

May 9, 2026
Chaos Rocks Delta South APC Women’s Meeting Over ₦50m ‘Kola-Nut’ Fund

Omo-Agege and the Myth of Building Delta APC Alone

May 9, 2026
Ominimini Dumps APC, Questions Fairness of Future Primaries in Delta

Ominimini Dumps APC, Questions Fairness of Future Primaries in Delta

May 9, 2026
Delta PDP caucus passes vote of confidence on Oborevwori

Oborevwori Reassigns Commissioners as Two Cabinet Members Quit for 2027 Assembly Race

May 8, 2026

TRENDING STORIES

  • Fresh Twist in Effurun Shooting as Police Nab Gun Supplier Linked to Oghenemine’s Death

    Fresh Twist in Effurun Shooting as Police Nab Gun Supplier Linked to Oghenemine’s Death

    0 shares
    Share 0 Tweet 0
  • Evwreni Elites Forum Counters PG, Insists Monarch, SUBEB Chairman Should Step Aside Over Trial

    0 shares
    Share 0 Tweet 0
  • Oborevwori Reassigns Commissioners as Two Cabinet Members Quit for 2027 Assembly Race

    0 shares
    Share 0 Tweet 0
  • Dynasty, Allegations, and Integrity: The Case Against Okowa’s Senate Bid

    0 shares
    Share 0 Tweet 0
  • Ominimini Dumps APC, Questions Fairness of Future Primaries in Delta

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.