OKOWA EXPLAINS WHY DELTA GOVERNNENT IS SEEKING 150BN BRIDGING FINANCE, SAYS IT’S NOT A LOAN

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Governor Ifeanyi Okowa has said the N150 billion “Bridging Finance” facility which the state government is seeking to obtain is not a loan, but an advance from the N270 billion owed the state by the Federal Government.

Okowa, who stated this on Thursday at his quarterly media briefing at the Press Centre, Government House, Asaba, said the N150 billion had been tied to projects embarked upon by his administration and the previous administration, explaining that the reason people questioned the approval of the facility by the State House of Assembly was due to lack of information.

He pointed out that his administration would not take any decision that would jeopardize the peace, unity and overall transformation of the state.

Okowa used the forum to debunk rumours of endorsement of any aspirant in all elective positions ahead of 2023 general elections, promising that the primaries of the Peoples Democratic Party (PDP) would be fair, transparent and credible.

“I have not endorsed any aspirant for any elective position in the forthcoming general elections in the country. We shall provide a level playing ground for free, fair, transparent and credible party primaries,” the Governor said.

On the allegation that he hijacked the list of delegates, he described it as the handiwork of mischief makers, stressing that those who were out to derail the process did not succeed.

Okowa advised critics of the policies and programmes of his administration to be factual, and assured that nothing would stop him from fulfilling his electioneering campaign promises.

The Governor cautioned political office holders to always speak the truth to power irrespective of party affiliation, pointing out that the allegation by the Deputy Senate President, Senator Ovie Omo-Agege, that the state government was spending N2 billion monthly to hire political thugs was most unfortunate.

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