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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
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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
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