• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, January 27, 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 Opinion

YET ANOTHER 12 BILLION NAIRA LOAN ON THE NECK OF DELTANS, THANKS TO OKOWA AND DELTA PDP

by NewsNet Nigeria
4 years ago
in Opinion
Lady murdered, eyes plucked out by suspected ritualists in Delta
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

By Dr Omene Odafe

Once again the cash and carry People’s Democratic Party, PDP-led administration of Dr Ifeanyi Okowa has connived with the Delta State House of Assembly to obtain a humongous loan of 12 billion naira in a most opaque manner and for highly questionable purposes of absolutely no relevance whatsoever to the good people of Delta State.

While it has been quite obvious to Deltans that the avarice and financial recklessness of Okowa and the PDP are without bounds, this highly suspicious transaction is particularly insulting given the current robust financial status of the state.

If truth be told, Delta State is arguably the last state in Nigeria that needs to borrow or should be going for any loan.

This is clearly a case of sharing the money and hanging the debt on the neck of the people.

It was of course to be expected that the rubber-stamp and clueless House of Assembly would just go through the motions and approve any amount requested by Okowa and PDP.

Every dime misappropriated or unaccounted for will eventually be recovered and absolutely every Kobo stolen from the people of Delta State will be coughed out at the right time. Indeed, all those involved in the wanton looting of Delta State that has been going on in the name of governance will pay dearly for their crimes against the good people of this state.

Delta APC says a big and resounding capital “NO” to any more borrowing by an administration already awash with way too much money that keeps steadily disappearing into the pockets of a few while the generality of the people of the state continues to wallow in abject poverty in spite of the “prosperity for all Deltans” charade of the present administration.

  • Odafe is the Director of Publicity, APC Delta State
Previous Post

Group issues 72-hour notice to Kyari, Ahmed, to resign over fuel scarcity

Next Post

2023: Urhobos vow to clinch Warri South Constituency 2 seat

MORE NEWS

OPINION: Okowa, His Daughter, and the Question of Political Concentration in Delta North
Opinion

OPINION: Okowa, His Daughter, and the Question of Political Concentration in Delta North

January 24, 2026
Facts, Not Rhetoric: Setting the Record Straight on Senator Nwoko in Response to Bruno Amamosa’s Article
Opinion

Delta North 2027: Senator Ned Nwoko, A Superior Argument And A Safer Aspiration

January 18, 2026
Senator Ned Nwoko Celebrates Okowa at 66
Opinion

Delta North 2027: Why Legislative Energy Matters More Than Past Presence

January 17, 2026
IBEDC: When will this pain be over?
Economy

IBEDC: When will this pain be over?

January 17, 2026
Next Post
2023: Urhobos vow to clinch Warri South Constituency 2 seat

2023: Urhobos vow to clinch Warri South Constituency 2 seat

Leave Comment

RECENT STORIES

$1,000 Internet Fraud Dispute Turns Deadly in Delta as Police Parade Murder Suspect

$1,000 Internet Fraud Dispute Turns Deadly in Delta as Police Parade Murder Suspect

January 26, 2026
Delta Verification Committee Releases List of Political Appointees for Screening

Delta Verification Committee Releases List of Political Appointees for Screening

January 26, 2026
Delta APC Mourns Legal Luminary Lucky Loyibo as ‘Bridge-Builder’, Calls Death Monumental Loss to Delta, Niger Delta

Delta APC Mourns Legal Luminary Lucky Loyibo as ‘Bridge-Builder’, Calls Death Monumental Loss to Delta, Niger Delta

January 26, 2026
2027: Urhobo Youth Mobilisation Will Shape Sheriff, Tinubu Prospects — Olorogun John Nani

2027: Urhobo Youth Mobilisation Will Shape Sheriff, Tinubu Prospects — Olorogun John Nani

January 26, 2026
Olorogun John Nani Pushes Urhobo Irredentist Ideology, Seeks Political Reawakening

Olorogun John Nani Pushes Urhobo Irredentist Ideology, Seeks Political Reawakening

January 25, 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
  • Delta Police Smash Ugborikoko Drug Syndicate, Seize Cache of Hard Drugs

    0 shares
    Share 0 Tweet 0
  • Relief for Delta Communities as Police Break Kidnap, Cult Rings, Arrest 10 Suspects

    0 shares
    Share 0 Tweet 0
  • OPINION: Okowa, His Daughter, and the Question of Political Concentration in Delta North

    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
  • 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.