Delta Govt explains how it spent Paris Club Refund

The Chief Press Sec­retary to Governor Ifeanyi Okowa of Delta State, Mr Charles Aniagwu, on Monday ex­plained how the state gov­ernment spent the N10 billion it recently received from the Federal Govern­ment as part of the Paris Club excess loan deduc­tion refunds.
Aniagwu disclosed that out of the N10bn, local governments were given N2.1bn as their statutory share while about N5bn was set aside to settle certain issues relating to certain aspect of salary arrears, co-operative de­ductions and pensions. The sum of N2bn plus was earmarked for priority projects that require urgent attention and payment of contractors.
The Governor’s Spokes­man, who spoke while an­swering questions on a ra­dio programme noted that the Okowa-led administra­tion was committed to the prudent, transparent and accountable management of the state’s resources.
“Governor Okowa has vowed to remain prudent, transparent and account­able to the people because he realises that the ulti­mate political power rests with the people who over­whelmingly voted him into office.
“He has assured that Deltans will get value for every money that accrues to the state at all times”, Aniagwu said.
Justifying the setting aside of about N3bn for in­frastructure and payment of contractors, Aniagwu stressed that government exists for everybody and not just for the payment of salaries of workers which are less than 2 percent of the population of the state.


Leave a comment

Your email address will not be published.