Senator Ifeanyi Okowa, the immediate past governor of Delta State, has vehemently denied allegations that he embezzled N1.3 trillion in oil derivation funds while in office. Okowa dismissed the claims as politically motivated, aimed at tarnishing his image and diverting attention from his administration’s accomplishments.
In response to the allegations, Okowa expressed confidence that an ongoing investigation by the Economic and Financial Crimes Commission (EFCC) would clear his name, asserting that he served Delta State with integrity. He emphasized his commitment to transparency and accountability throughout his tenure, stating that every decision he made was in the best interest of the people of Delta State.
The former governor made these remarks while hosting the leadership of the Urhobo Progress Union (UPU) at his residence in Asaba. He explained that the EFCC invitation stemmed from a petition filed months earlier, which he attributed to political maneuvering. Okowa recounted his reaction upon hearing the accusation, noting the implausibility of misappropriating such a large amount.
“To misappropriate N1.3 trillion would require taking between N16 billion and N20 billion monthly,” he said, adding that even the President would struggle to achieve this, let alone a state governor. Okowa further explained that during his initial years in office—2015 through 2017—the state struggled to meet payroll, with some local government workers going unpaid for months. He highlighted Delta State’s substantial wage obligations, noting that the state has over 56,000 workers and pays more in salaries than any other Nigerian state, with monthly expenses exceeding N11 billion.
Okowa also pointed to his administration’s efforts to consistently pay salaries and pensions, complete significant projects, particularly in the riverine areas, and uphold financial commitments despite challenging economic circumstances. He expressed optimism that the truth would emerge from the EFCC investigation and maintained his belief that his administration’s actions would stand up to scrutiny.
“I welcome the EFCC’s role in investigating these allegations. Once they uncover the truth, they will see these claims are unfounded,” he added, praying for those behind the petition, whom he described as misguided political actors.
Okowa concluded by affirming his continued support for the UPU and Delta State’s current administration, led by Governor Sheriff Oborevwori, whom he believes will build on his administration’s achievements. He expressed hope that Oborevwori would make significant progress in the coming years for the benefit of Delta State.
