The Delta State Government has denied seeking fresh loans from commercial banks to the tune of N120 billion.
This was on the backdrop of the rumour making the rounds that Governor Ifeanyi Okowa had secured two separate loans of N100 billion and N20 billion.
Speaking to newsmen in Asaba on Monday, State Commissioner for Financial, Mr Fidelis Tilije, clarified there was already an existing N100 billion discounting facility approved by the State House of Assembly accessed by the government to fund projects.
