The Delta State Government has announced a substantial decrease in its legacy financial obligations, bringing the total inherited debt down from N463 billion to N63 billion. State officials revealed the figures during a budget stakeholders engagement session held in Asaba, highlighting a concerted effort to manage public resources responsibly.
Mr Sonny Ekedayen, the Commissioner for Economic Planning, attributed the massive N400 billion reduction to prudent fiscal strategies implemented under the current administration. According to the commissioner, the state aims to achieve complete clearance of the remaining N63 billion liability by the first quarter of the year 2027.
Discussing fiscal priorities for the upcoming spending cycle, the commissioner noted that infrastructure development remains central to the state's economic strategy. The current expenditure framework allocates approximately 70 percent of funds toward capital projects while maintaining 30 percent for recurrent spending, a balance the administration intends to preserve.
During the stakeholders gathering, traditional leadership and civil society representatives weighed in on governance matters. The Asagba of Asaba, Prof. Epiphany Azinge, urged authorities to foster deeper public participation in the budgeting process, ensuring community voices shape local project execution.
Additionally, representatives from civil society groups expressed support for proposed legislative measures concerning the housing sector. They noted that formal regulatory frameworks would greatly assist in addressing property challenges and improving standards for residents across the state.
Source reporting: Vanguard — 2026-11-01 13:38:17
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