Rosheedat Akinkunle, JKNewsMedia Reporter
CLAIMS SUGGESTING Delta State has borrowed funds under Governor Sheriff Oborevwori’s administration have been firmly refuted.
The state government disclosed that it has maintained financial prudence without resorting to loans since Oborevwori assumed office on 29th May 2023.
Speaking at a press conference in Asaba, State Commissioner for Finance Chief Fidelis Tilije clarified the government’s financial stance.
“Delta State has not borrowed a dime since this administration began. We have neither entered into partnerships nor sought funds from banks, local or international entities,” Tilije stated.
He described Delta State as the financially strongest state in Nigeria, citing its solid fiscal position and ability to fund ongoing projects without debt reliance.
“We’ve consistently paid down debts, honoured contracts, and advanced payments to contractors—ranging from 30% to 40%. For the dry season, we plan to increase this to 70% to avoid inflation-related cost adjustments,” he explained.
Tilije highlighted Governor Oborevwori’s efforts in prioritising infrastructure, ensuring funds are available for projects, and maintaining transparency in financial operations.
“This administration’s financial management ensures value for money for Deltans. All relationships and contracts reflect this commitment,” Tilije added.
Backing the Commissioner’s remarks, Charles Aniagwu, Commissioner for Works (Rural Roads) and Public Information, praised Governor Oborevwori’s leadership.
He noted the governor’s integrity and dedication to transparency, citing that all state projects within the administration’s tenure have been funded without loans.
Aniagwu dismissed reports from an online platform claiming Delta State ranked first in borrowing. “We are surprised by such claims.
Delta State has not sought loans in the last 19 months. Our liquidity position is robust, enabling us to address state needs effectively,” he stated.
The commissioners stressed the administration’s commitment to utilising available resources judiciously.
By focusing on sustainable fiscal policies and infrastructure development, Delta State aims to deliver long-term value to its residents without accumulating debt.
