Delta Governor, Sen. (Dr) Ifeanyi Okowa, said adherence to his fiscal discipline and superior planning accounted for the successes recorded by his administration in the last six years.
Okowa stated this in Asaba on Saturday.
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He said that his administration’s success during the period was borne out of greater coordination in administration and superior thought-process.
He recalled that prior to his administration, the state’s budget hovered around N400 billion mark, with naira exchanging at N180 to a dollar as against current budget of the state being in the N300 billion mark, with exchange rate at N492 to a dollar.
Okowa said that following the devaluation of the naira over the years, there was less value the naira could impact on projects.
He said, “In the past we had bigger budgets and greater value for money because the naira was relatively strong at N180 per dollar compared to now we are at N492 to a dollar with a budget of N300 billion per annum.
“Unfortunately for us too, the recurrent budget in terms of salaries has also increased remarkably, which has also further deepened the negative effect of the recurrent budget which had made our capital portfolio smaller.
“The fact that there have been devaluation of the naira made it have less value on projects and having realised this, we needed to plan critically and we needed to be sure that we have good monitoring of projects, good selection of projects, good selection of contractors and planning in such a manner that we are not wasteful.”
The governor attributed early passage and implementation of the State’s budget as part of the drivers for his administration’s success story.
“We also monitored the seasons and acted by the seasons and that helped us a lot. We ensured that our budgets are passed on time and implemented on time.
“Our budgets are signed by December so that we are able to use the window of January to mid May to do most of the construction jobs.
“When you prepare your funding for that level it helps you because if the budget is such that comes out late, it means that you will contend with the rains to deliver projects,” he said.
He added that “the strategy has helped but it requires a lot of prudence, a lot of thinking and time to be able to get all these things done”.
On the remaining two years in his tenure, Okowa assured Deltans of his continued drive to work till the last day to provide a stronger Delta .
Okowa also assured that his administration would continue to stay on course in areas of health, agriculture, education, saying “we will continue to ensure that we remain focused to provide the needed programmes and trainings to enable us have the various functionality of the institutions that exist under those ministries.
“Politics tends to be distractive and I know that, but I know that by God’s grace I have the capacity to manage the two and I will not like the two to suffer because I would have failed.
“So, I must stay on course but I will not also abandon politics,” the governor stated.
