Highlighting financial achievements, the People’s Democratic Party (PDP) in Delta State revealed that Governor Sheriff Oborevwori’s administration has successfully saved over N205 billion and reduced the state’s debt profile by N180 billion.
In response to the All Progressives Congress (APC), Delta State PDP Secretary, Engr. Dan Ossai, shared these impressive figures.
The PDP criticized the APC’s stance on the state’s financial management, suggesting that the APC’s approach mirrors the mismanagement of the national economy since 2015. The PDP emphasized the need to steer Delta away from such unsustainable practices.
According to the PDP, Governor Oborevwori’s focus is on steering Delta towards a debt-free future by efficiently handling oil production issues and boosting internally generated revenue (IGR).
Describing the recent statements of the APC as deceptive, the PDP underscored the importance of accurate information regarding the debt management efforts undertaken by Governor Oborevwori’s administration.
The PDP also criticized the APC’s handling of the national economy, citing issues like heavy borrowing and poor fiscal policies that led to economic instability.
Pointing out the challenges faced by the Nigerian economy under the APC’s governance, the PDP highlighted statements from former and current government officials acknowledging the tough financial circumstances.
It was noted that the APC’s management style, characterized by heavy borrowing and questionable economic decisions, has contributed to the current economic challenges facing the country.
The PDP urged for sound economic management and cautioned against reckless financial practices that could further strain the economy.
These revelations shed light on the financial disparities between the PDP and APC, emphasizing the importance of responsible governance and sustainable economic strategies.
As the discourse continues, the focus remains on ensuring financial stability and reducing debt burdens for the benefit of future generations.