Delta Government: No Loans Taken Since 2023

The Delta State government has affirmed that it has not entered into any borrowing agreements or incurred any debt since Governor Sheriff Oborevwori assumed office on May 29, 2023.

At a press conference held in Asaba on Friday, the Commissioner for Finance, Chief Fidelis Tilije, emphasized that Delta State remains the strongest financially stable state in Nigeria.

“This administration has not borrowed a single dime,” Tilije stated. “We have not engaged in any borrowing relationship, whether with individuals, corporations, banks, or local, national, or international entities.”

Tilije expressed confidence in the state’s financial standing, declaring, “I can categorically say Delta State is the strongest financial state in the country. I am fully aware of our financial position and the efforts this administration is making to ensure the state remains on solid financial footing.”

He further highlighted the administration’s achievements in managing the state’s finances, including the payment of outstanding debts, investments in construction, and improved contractual relationships with contractors. “We have made significant progress in paying down debts, and we’ve ensured that contractors now receive advanced payments to facilitate project execution,” he added.

Speaking at the same event, the Commissioner for Works (Rural Roads) and Public Information, Mr. Charles Aniagwu, praised Governor Oborevwori for his integrity and commitment to transparency.

“Governor Oborevwori has shown exceptional leadership and transparency in managing the state’s affairs. His administration’s approach reflects a dedication to accountability and responsible governance,” Aniagwu remarked.

The statement from the government follows reports from an online news platform alleging borrowing activities by the administration. The commissioners dismissed these claims, reaffirming the administration’s commitment to prudent financial management and fiscal discipline.

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