DELTA N1.5 TRILLION DEBT PROFILE AND THE FALSEHOOD OF PROSPERITY FOR ALL DELTANS MANTRA

Source: Dr Fred Latimore Oghenesivbe, M.NIIA
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Again and again, loyalists of the Peoples Democratic Party (PDP) will be quick to tell you in their hit-at-APC articles and posts on social media that Gov. Ifeanyi Okowa is the messiah that will transform Delta State to a small Paris or London.

Their take as far as developing the state is concerned is centered around the Prosperity for all Deltans slogan aka SMART agenda coined by PDP political tacticians to hoodwink the electorate knowing fully well that Deltans were suffering and smiling under the yoke of PDP misrule.

Five months gone, prosperity is yet to manifest in its smallest visibility throughout the 25 local government areas.

Gov. OKOWA's inaugural speech as well as his epistle to the legislative arm of government, the governor tactically avoided going into details of how the state will service her huge debts, raise money to fund the so-called prosperity mantra and loans repayment plans.

What these lapses connotes is that the PDP government in Delta State do not have solutions to the deepening socioeconomic stagnancy which hitherto wrecked untold hardship on vast majority of Deltans.

The over N1.5 trillion debt profile will certainly be a major obstacle in any attempt to effectively introduce prosperity policies and programmes.

I truly mean that a substantial part of the huge loan must be repaid to give room for economic remodelling and increase in funds availability that bring about prosperity in concrete terms, not political propaganda.

Therefore, the PDP/Okowa government must clearly articulate and inform Deltans on how to solve debt problems, increase revenue drive, block financial potholes especially over inflation of contracts and the use of state contractors to empty the treasury.

To achieve a clear undrstanding of the prosperity slogan, the peoples expectations will of necessity generate the following questions which Gov Okowa and his kitchen cabinet must provide answers to:

1. What is the economic blueprint of PDP and Okowa in terms of debt repayments and revenue generation that will fund the Prosperity for all Deltans agenda?

2. Who are the technocrats in Okowa's kitchen cabinet that possesses the required skills and expertise in turning moribund industries into viable and functional profit oriented employers of Labour?

3. What plans does PDP and Okowa have up their sleeves in tackling the poor rural health care and mode of funding to ensure continuity?

4. As per infrastructural decay and falling standard of education in the state; how will Okowa and the PDP government through prosperity slogan solve these problems without necessarily increasing our debt profile?

A debtor can only dream of prosperity after paying his or her debt. Huge debt will only produce joblessness, acute poverty, lack of development, frustration and socioeconomic doom, not prosperity. Therefore PDP should stop building castles in the air.

The above questions requires genuine answers such that Deltans may know the ways and means of how the Prosperity mantra can achieve its desired goals.

It is not sufficient to bombard the heart and mind of the people with prosperity this and prosperity that without the Proper articulation of sources of funding, a clear cut loans repayment plan and holistic economic analysis of the end result.

This move is necessary because the last slogan of the PDP government under Gov. Emmanuel Uduaghan was DELTA BEYOND OIL which died a natural death when its facilitator left office as Governor of Delta State.

The entire DBO stuff yielded no result and did not impact on the life of Deltans because it was only a conduit pipe that truly drained our commonwealth, amongst others.

It is therefore very necessary for the PDP government to break down in simple English how and why the Prosperity mantra will confirm Okowa as the messiah.

APC ...TAKE OVER DELTA STATE.

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