Delta State Government has denied using a N20 billion loan facility to fund political campaigns in the state.
The denial was a reaction to a recent allegation by a group, Delta Grassroots Coalition, saying Governor Ifeanyi Okowa had completed plans to divert the loan to fund elections.
In a statement signed by its national coordinator, Kazie Ochie, in Asaba, Delta State capital, the coalition said Okowa “had concluded plans to corner and divert the N20 billion loan recently approved by the State House of Assembly to acquire three percent equity in the UTM Offshore Limited floating liquefied natural gas project into funding his vice presidential ambition and that of the PDP governorship candidate in the state, Sheriff Oborevwori.”