Oborevwori Reduces Inherited Debts With N400bn, Targets 2027 To Offset All

Ogheneruona Tejiri,
Asaba

Delta Government has reduced its legacy debt from N463 billion to N63 billion with plans to clear the outstanding balance by the first quarter of 2027.

This was disclosed by Mr. Sonny Ekedayen, Commissioner for Economic Planning at the state’s 2026 budget stakeholders’ engagement held weekend in Asaba.

Mr. Ekedayen said that the achievement of the Governor Sheriff Oborevwori’s administration reflected the administration’s commitment to prudent financial management and responsible utilisation of public resources.

The Commissioner said that the government would prioritise roads and critical infrastructures in the 2027 budget to stimulate economic growth and improve access to communities across the state.

Mr. Ekedayen said that the current expenditure structure allocates approximately 70 per cent to capital projects and 30 per cent to recurrent expenditure.

He added that the proposed 2027 budget would sustain the emphasis on capital expenditure while maintaining a smaller allocation for recurrent spending.

In his comments, Prof. HRM Epiphany Azinge, Asagba of Asaba emphasised the importance of citizens’ participation in budget preparation and commended the government for its reported budget performance.

Similarly, civil society organisations (CSOs) who spoke in the same vein, welcomed plans by the Delta State House of Assembly to introduce legislation regulating housing issues.

He urged residents to protect public facilities and maintain environmental cleanliness to complement government infrastructure investments.

Odugala said; “Government cannot continue to build infrastructure, then citizens begin to destroy them. I commend the government for introducing the 13th-month salary, it is a significant milestone.