30 June 2016, Warri – Governor Ifeanyi Okowa of Delta State, has said the impact of the renewed destruction of oil assets in the state producing environment has gone so bad that the state is now unable to pay salaries regularly anymore.
The governor, yesterday at the Government Office Annex, Warri, where he convened a stakeholders meeting on, “Creating A Peaceful Atmosphere for the Development of Delta State and the Niger Delta Region,” said: “The larger Nigerian government has been in financial crisis over dwindling oil prices. Increased production would have helped cushion the impact but instead we are faced with destruction of oil assets.
“Dealing with dwindling oil prices and destruction of oil assets, we are now producing just half of our quota. And we are all really worried because of the greater effect is on Delta State. Before now we receive up to N20 billion monthly, but what we have now is so low. Last time we got N3.4 billion. Last month what we received has dropped to N3 billion. We now get 1/7th of what we use to have.”