By Onomiguren Agbamu
Delta State Commissioner for Economic Planning, Mr. Sonny Ekedayen, and the State Commissioner for Finance, Chief Tiliji Okenmor has Reaffirmed Governor’s position not to borrow a dime to fund the 2025 proposed N936bn budget
The duo disclosed this during an interview at the state House of Assembly, Asaba on Thursday after the budget presentation by the state Governor, Rt. Hon. Sheriff Oborevwori.
Speaking seperately on the size of the budget, the commissioner for Finance, Chief Tiliji noted that there were so many contracts that was awarded in 2024 that needed to be reviewed based on the inflationary trend in the nation.
Tilije added that the Oborevwori’s administration is determined to complete all ongoing projects across the state and also put new ones in place for the MORE AGENDA of the Governor to be seen in very homes of all Deltans.
He said, he believed in the size of the budget, and was pleased, adding “a lot of hard work was put into the budget that was presented today, and I am hopeful that 80 percent of the size of the budget in terms of performance, and Deltans will know that this administration cares for them”
” We will not borrow, and I can say so with every atom of seriousness, he added”.
Also, adding, the commissioner for Economic Planning, Mr. Sonny Ekedayen noted that “significant portion of the budget would be funded with releases from the Federation Account Allocation Committee (FAAC), while Internally Generated Revenue (IGR) would make up for the balance.
Ekedayen explained further that the proposed budget, which was premised on an exchange rate of N1.300 dollars per Naira, would improve capital and human capital projects, with a lot lined up for the social safety net, to enable the state to appropriately respond to the needs of the economically weak mostly bearing the brunt of the prevailing hardship in the country
He hinted that the proposed budget was not just an allocation of figures, but a deliberate attempt to invest in the people and infrastructure for the overall well-being of everyone in the state
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