GOVERNOR Ifeanyi Okowa of Delta State has revealed that his administration inherited a debt profile of N637.22 billion, calling on all Deltans to be ready to make sacrifices necessary to put the state on the path of economic recovery. Giving a breakdown of the debt profile, Okowa disclosed that N98.62 billion is as a result of Revenue Bond and indebtedness to commercial banks, while outstanding contractual obligations stood at N538, 601,962,421.50.
Addressing members of the State House Of Assembly in Asaba on the financial status of the state, Governor Okowa said that it became necessary to let the lawmakers know the state of affairs in order "to put the Legislature on the same page with the Executive, so that we can think together, plan together, and tighten our belts going forward.”

Read More: http://www.nationaldailyng.com/news/latest-news/4257-okowa-moves-to-pull-delta-out-of-n637-22bn-debt

incase

better

No be by mouth