• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, February 1, 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

No Approval, No Speed Breakers — Delta Works Commissioner Warns Communities, Contractors
Economy

No Approval, No Speed Breakers — Delta Works Commissioner Warns Communities, Contractors

January 31, 2026
Oborevwori Building a “New Delta,” Not Just Projects — Catholic Priest Declares
Economy

Oborevwori Building a “New Delta,” Not Just Projects — Catholic Priest Declares

January 31, 2026
Ned Nwoko Trains, Funds 500 in Delta North Self-Reliance Initiative
Economy

Ned Nwoko Trains, Funds 500 in Delta North Self-Reliance Initiative

January 31, 2026
Delta Central Reset: Dafinone Engages Council Chairmen to Drive APC Grassroots Development
Economy

Delta Central Reset: Dafinone Engages Council Chairmen to Drive APC Grassroots Development

January 29, 2026
Next Post
How poverty led me to entertainment – Broda Shaggi

How poverty led me to entertainment – Broda Shaggi

Leave Comment

RECENT STORIES

From Sapele to Ughelli, Broad Support Builds for John Nani’s Senate Prospects

From Sapele to Ughelli, Broad Support Builds for John Nani’s Senate Prospects

February 1, 2026
Uvwie Kingdom Set for Grand Royal Gathering as Monarch Unveils Biography at 18th Coronation Anniversary

Uvwie Kingdom Set for Grand Royal Gathering as Monarch Unveils Biography at 18th Coronation Anniversary

February 1, 2026
Traffic Alert: Heavy Vehicular Movement Expected Around Mosheshe Estate Axis, Airport Road, Effurun, Delta State, February 2

Traffic Alert: Heavy Vehicular Movement Expected Around Mosheshe Estate Axis, Airport Road, Effurun, Delta State, February 2

February 1, 2026
No Approval, No Speed Breakers — Delta Works Commissioner Warns Communities, Contractors

No Approval, No Speed Breakers — Delta Works Commissioner Warns Communities, Contractors

January 31, 2026
Oborevwori Building a “New Delta,” Not Just Projects — Catholic Priest Declares

Oborevwori Building a “New Delta,” Not Just Projects — Catholic Priest Declares

January 31, 2026

TRENDING STORIES

  • Delta Verification Committee Releases List of Political Appointees for Screening

    Delta Verification Committee Releases List of Political Appointees for Screening

    0 shares
    Share 0 Tweet 0
  • $1,000 Internet Fraud Dispute Turns Deadly in Delta as Police Parade Murder Suspect

    0 shares
    Share 0 Tweet 0
  • Delta Police Smash Ugborikoko Drug Syndicate, Seize Cache of Hard Drugs

    0 shares
    Share 0 Tweet 0
  • CPS Nwaeke Visits New NUJ Warri Correspondents’ Chapel Secretariat, Urges Support for Speaker, Oborevwori

    0 shares
    Share 0 Tweet 0
  • Rotary Club of Evwreni Empowers Ughelli North Students, Supports Mothers in Ughelli South

    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.