Niger Delta
Delta Debt Profile Hits N272bn -Commissioner
Delta State Commissioner for Finance, Chief Fidelis Tilije, has disclosed that the state’s total debt profile currently stands at N272 billion.
Tilije, who disclosed this at a news conference in Asaba, said the N240 billion refunds from the Federation Accounts Allocation Committee (FAAC) was not a loan but the state’s share of 13 per cent crude oil derivation arrears from 2004 till date.
The Commissioner, in company of Mr Olisa Ifeajika, Chief Press Secretary to Governor Ifeanyi Okowa, noted that the State Government could offset its current debt if it discounted 100 per cent of its share of N240 billion refund approved by the Federal Government.
“The total debt profile of Delta State as we speak is N272 billion. Out of this, N84 billion is due to contractors and pension arrears is about N27 billion.
“The rest are the debt profile, most of that were actually inherited by the Governor Ifeanyi Okowa-led administration.
“And in this past months, we have a total expected refund of N240 billion with respect to the 13 per cent oil derivation refunds to nine states that is ongoing.
“We had initially wanted to phase out many legacy projects that we wanted to complete. We approached the State House of Assembly and got approval to discount N150 billion, which we pruned to N100 billion as bridging finance facility from the N240 billion.
“I did say recently that out of this N240 billion that is expected from FAAC receipts, Delta (State) has received N14.7 billion in three quarterly instalments.
“And out of this N100 billion bridging finance, we have accessed N30 billion from the commercial market,” Tilije said.
He said with the totality of the refunds expected from FAAC, the state could clean up the outstanding debt profile if it fully discounted the N240 billion.
The Commissioner explained that the Governor, being a prudent manager of human and resources, felt that it would be necessary not to allow a repeat of the experience he had as new government in 2015.
“At inception in 2015, Governor Okowa’s administration saw hell managing the lean resources available to the state as a new government.
“This informed why all the State Governments had to take a bailout fund from the Federal Government in 2015.
“The truth is that if the State Government had totally taken or fully discounted the N240 billion FAAC refund, the next successive government will fall back to the experience Governor Okowa had in 2015.
“So, unlike the other oil producing states, who fully discounted their refunds, Okowa decided to be his brother’s keeper, take a percentage of the N240 billion and leave the rest for the incoming government to access over a period of four years.
“Besides, if we had gone ahead to discount the N240 billion in full, we would have been able to clean up all our outstanding debt,” the Commissioner said.
Tiliji noted that every government financed its budgets from FAAC receipts Internally Generated Revenue (IGR), borrowings and sundry facilities and tasked the social media to always report facts.
Noting that the government was transparent and had nothing to hide, Ifeajika said the State Government is conscious of the rule of law, which informed why it approached the State House of Assembly for approval to access the bridging finance facility from the commercial market.
“In Delta, we are transparent, we have nothing to hide. The Governor has assured that all the legacy projects will be completed before the end of his administration.”
The Rivers State Commissioner for Urban Development and Physical Planning, Rt Hon Evans Bipi, has eulogised Gen Gabriel Asabuja over his recent birthday celebration in Port Harcourt.
Bipi said Asabuja is worth celebrating following his numerous contributions and support to the administration of Governor Siminalayi Fubara.
He described Asabuja as a strong pillar of governance in Rivers State, adding that the Ministry of Urban Development and Physical Planning is happy working with him.
He noted that Asabuja’s position as a team leader of the Ministry’s taskforce has been amazing, saying the Ministry is proud associating with him.
The former lawmaker hinted that since Asabuja assumed office as leader of the taskforce, the Ministry has witnessed tremendous improvement.
Bipi said the Ministry will always stand by him to ensure that the dreams of the Governor Fubara-led government are achieved.
On his part, the celebrant, Gen Gabriel Asabuja expressed gratitude to God and the Commissioner for the honour done him.
Gen Asabuja also commended Governor Fubara for his tremendous and good leadership in the State, saying his group will continue to give the Governor maximum support in order to achieve more for Rivers people.
Gen Asabuja described Rt Hon Evans Bipi as one of the best brains working with the Governor, saying under Bipi, the Ministry of Urban Development and Physical Planning has shown capacity to leverage on the Governor’s mantra of Rivers First.
He said both the personnel of the Ministry, the Directors and adhoc staff are happy with his style of leadership.
The Joint Provincial Council, East of the Niger, Anglican Communion, held its 2025 Annual General Meeting at St. Michael’s Church, Rumuomasi Deanery, Diocese of Evo from Saturday 15th — Sunday 16th February, 2025.
The meeting which had the theme, “Kept By His Mercies”, with text from Lamentations 3:22-23, had the Archbishops, Bishops, their wives, Chancellors, Financial Secretaries and Synod Clerical Secretaries of the 58 Dioceses as delegates.
At the opening ceremony on Saturday, the Dean of the Church of Nigeria (Anglican Communion) and Chairman of the Council, Most Rev Blessing Enyindah, charged delegates to stay focused and committed to the matters for discussion and implement decisions reached for the growth of the Church in the region and the advancement of the business of God’s Kingdom.
Most Rev Enyindah, who is also the Archbishop of the Niger Delta Province and Bishop of the Diocese of Ikwerre, lauded the Diocese of Evo for the giant strides recorded in just 15 years of existence while tasking the leadership not to rest on its oars but to strive further to complete the work of the Kingdom in their hands.
Addressing the council in his welcome address, the Bishop of the Diocese of Evo and host of the Joint Council, The Rt Rev Innocent Ordu, welcomed the delegates, and reminded them that the theme is apt and fit as it reminds the Church of God’s inexplicable and instructible mercy towards mankind, which supersedes His righteous judgements.
Bishop Ordu further lamented the many challenges bedeviling the country, such as skyrocketing cost of living, ravaging sicknesses and ailments, proliferation of harmful drugs, natural disasters, high level corruption in public offices, inept political leadership, amongst others, which he said could not consume mankind because of God’s mercies.
In their separate speeches, delegates saluted the Diocese of Evo for willingly accepting to host the council and the comfort they enjoyed during their stay.
Earlier, the council appointed the Synod’s Clerical Secretary of the Diocese of Evo, Rev (Canon) (Dr) Ebenezer Owhor as the Assistant Secretary of the Joint Council.
Also, before the commencement of plenary, the women of St. Michael’s Church, Rumuomasi Deanery thrilled delegates to good traditional tunes and dance steps while His Royal Highness Eze( Sir) Raymond Chinda led the chiefs and elders of Rumuomasi community in Oropotoma Kingdom, to appreciate the council for choosing the community to host the meeting.
They solicited for prayers of peace, unity and development from the council.
The meeting ended on Sunday evening while the Archbishops and Bishops worshipped in various churches in the Diocese of Evo.