20251106

OBOREVWORI MOVES TO CLEAR DESOPADEC DEBTS

Oborevwori Moves to Clear DESOPADEC Debts: A Strategic Intervention in Delta State

In a decisive move aimed at restoring financial stability and operational efficiency within the Delta State Oil Producing Areas Development Commission (DESOPADEC), Governor Sheriff Oborevwori has initiated a comprehensive plan to clear the commission’s longstanding debts.

This development, captured in the AIT Live broadcast from November 6, 2025, underscores the governor’s commitment to fiscal responsibility and the revitalization of critical development agencies in the state.

Governor Oborevwori’s intervention comes amid growing concerns over DESOPADEC’s inability to meet its financial obligations, which have hampered its capacity to deliver on its mandate of infrastructural development and social welfare in oil-producing communities.

The governor acknowledged the weight of the commission’s debt burden and emphasized the need for urgent action to restore its credibility and functionality.

The broadcast revealed that the governor has directed the Ministry of Finance and relevant stakeholders to conduct a thorough audit of DESOPADEC’s financial records. This audit is expected to verify the authenticity of the debts and ensure that payments are made transparently and in accordance with due process.

Governor Oborevwori stressed that only verified debts would be honored, signaling a shift toward accountability and prudent financial management.

In addition to debt clearance, the governor outlined plans to restructure DESOPADEC’s operations to prevent future financial mismanagement. This includes implementing stricter budgetary controls, enhancing oversight mechanisms, and promoting a culture of transparency within the commission. He also called on DESOPADEC’s leadership to align its activities with the broader development goals of the state, ensuring that resources are channeled toward impactful projects that benefit the grassroots.

The move has been widely praised by stakeholders, including community leaders and civil society organizations, who view it as a bold step toward restoring trust in public institutions. 

By addressing DESOPADEC’s financial woes, Governor Oborevwori aims to unlock stalled projects, improve service delivery, and reaffirm his administration’s commitment to inclusive development.

This initiative forms part of a broader governance reform agenda that the governor has championed since assuming office. It reflects his resolve to tackle systemic inefficiencies and reposition Delta State as a model of responsible leadership and sustainable development.

As the debt clearance process unfolds, all eyes remain on DESOPADEC to see how swiftly and effectively it can rebound under this renewed mandate.

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