Delta State Governor, Senator Ifeanyi Okowa, has explained why he and other Peoples Democratic Party, PDP, governors are against the implementation of the Treasury Single Account, TSA, in their states, despite the federal government’s clear stand on it.
The governor, who delivered his first year performance report in Asaba, shed more light on the increase in his expenditure approval limit to N250 million against the N50 million provision in the previous administrationss of ex-governors James Ibori and Emmanuel Uduaghan.
Okowa, however, denied wrong dealings in the state-government-owned Independent Power Project, IPP, in Oghara, which government had expended over N19 billion with the project still uncompleted.
He admitted that he has sleepless nights governing the state because of the challenges, but expressed happiness that despite the economic recession, government had provided over 17,000 jobs for the unemployed, built at least 54 roads and distributed N564 million to over 3,000 persons as loans.
“In the first instance, there are so many states governed by APC governors that have not embraced TSA. This is something that we have been studying; it is not just enough, we have to study it so that we do not make mistakes, we are aware that there are many gains in the TSA, we are also aware that we need to apply it wisely.
“We need to understudy it and the commissioner of finance is looking at it. By the grace of God, a very good aspect of it, we will adopt, so we may likely be going into a modified TSA that will not impact negatively on our commercial banks,” he said.
On the IPP, the governor said, “Yes, I was SSG when the project was awarded, but I was not directly involved. I was neither commissioner for energy nor was I involved in anything that concerned the project. I did not receive one kobo for the project and that is why I can speak authoritatively and with a very clear conscience concerning it.”

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