Delta State Governor, Sheriff Oborevwori, has berated former Deputy Senate President, Ovie Omo-Agege, for applauding President Bola Tinubu-led Government economic policies.
Henzodaily learnt that Omo-Agege, while speaking at an APC event, asserted that Tinubu’s economic policies have led to increased federal allocation to State and Local governments, rising economic growth rates, declining imports, higher exports, and higher incomes for farmers.
Omo-Agege was also quoted as saying that despite the huge Federal allocation coming to the Delta state due to Tinubu’s economic policies, there are no meaningful projects or developments to show.
The former Deputy Senate President also accused Oborevwori of mismanaging Delta State funds and paying debts with what was left, despite increased federal allocation and revenue from 13% derivation.
In response, Oborevwori, in a statement signed by his Executive Assistant on New Media, Felix Ofou, said Tinubu’s policies have unleashed unprecedented hunger, poverty, and mass unemployment on Nigerians.
Oborevwori kicked against fuel subsidy removal and floating of the naira, saying whatever gains the subsidy removal would have brought had been swallowed by naira devaluation and galloping inflation.
Oborevwori further stated that Tinubu’s economic policies are not a desirable model for Delta State.
He said, “Can we really talk of increased money in any state in Nigeria? What is the worth of such money in the face of galloping inflation, gross devaluation of the Naira, unparalleled hunger, mass poverty, mass unemployment, daily closure of major factories and multinationals in the country?
“Both the World Bank and the International Monetary Fund (IMF) have rightly stated that Tinubu’s economic policies are not working. That the policies have transformed Nigeria into the poverty capital of the world, with over 130 million of the population living below the poverty mark.
“Is this the model that Omo-Agege is recommending for Delta to copy! A model that has unleashed economic hardship on the people? Why would anyone recommend APC’s T-pain as remedy to our woes? Obviously, this is not a path desirable for Deltans and one they would want to embrace at this time.”