BY ANDREW IKEHI
THE Delta State House of Assembly (DTHA) has given a thumbs up to the State Governor, Rt.Hon. Sheriff Oborevwori for what it described as the governor’s strong financial management prowess in the governance of the State.
The commendation, The Pointer reports, was sequel to the adoption of the observations, findings and recommendation of the Hon. Marylyn Okowa-Daramola-led Committee on Finance and Appropriation on the 2025 appropriation bill as presented on the floor of the House, Tuesday.
Hon. Marylyn Okowa-Daramola in the report as adopted, lauded what she described as the fiscal discipline and efficient cost control measures adopted by the current government in the State.
The measure, the lawmaker and member representing Ika North- East State Constituency stated, had within the past nine months, resulted in the substantial reduction of N160.9bn from N465.3bn of the State’s debt stock at the inception of the Rt. Hon. Oborevwori’s administration. The fiscal feat, according to Okowa-Daramola, has reduced the state’s debt profile to N303.4bn currently as against the N465.3bn at the inception of the current administration.
According to her, “A review of the economic and fiscal outlook in the year 2024 revealed that the State fared well in the first Nine months of 2024.
“This was achieved through the entrenchment of strong financial management sys tems whi c h ultimately provided effective revenue mobilisation and the efficient utilisation of the resources in priority expenditure areas of this administration.
“Also commendable is that the State witnessed a substantial reduction of N160.9 Billion in its debt stock from N465.3 Billion at the inception of this administration to N303.4 Billion currently.
“This was made possible through fiscal discipline and efficient cost control measures” Hon. Okowa- Daramola said in the report.
