{"id":8056,"date":"2024-08-13T13:14:16","date_gmt":"2024-08-13T12:14:16","guid":{"rendered":"http:\/\/naijaeyesblog.com\/?p=8056"},"modified":"2024-08-13T13:14:16","modified_gmt":"2024-08-13T12:14:16","slug":"pdp-criticizes-apcs-stance-on-debt-management-in-delta","status":"publish","type":"post","link":"https:\/\/naijaeyesblog.com\/ro\/pdp-criticizes-apcs-stance-on-debt-management-in-delta\/","title":{"rendered":"PDP Criticizes APC&#8217;s Stance on Debt Management in Delta"},"content":{"rendered":"<h1>PDP Criticizes APC&#8217;s Stance on Debt Management in Delta.<\/h1>\n<p>The Delta State chapter of the Peoples Democratic Party (PDP) has strongly criticized the All Progressives Congress (APC) for its commentary on the state&#8217;s debt management, asserting that the APC lacks the credibility to discuss such matters. According to the PDP, the APC-led Federal Government has overseen a period of heavy and reckless borrowing, escalating Nigeria\u2019s national debt from approximately N7 trillion during the PDP\u2019s 16-year tenure to over N90 trillion under the APC&#8217;s eight years in power. This dramatic increase has resulted in a situation where 97% of Nigeria\u2019s national revenue is devoted to debt servicing, which has significantly reduced the revenue allocations to states and local governments.<\/p>\n<p>The PDP\u2019s response came after what it described as \u201cmisguided propaganda\u201d by the Delta State Chapter of the APC, which aimed to misinform the public about the debt management measures being implemented by Governor Sheriff Oborevwori\u2019s administration. The PDP\u2019s state secretary, Mr. Dan Ossai, accused the APC of trying to downplay the governor\u2019s responsible efforts in reducing the state\u2019s debt profile to ensure greater financial stability and economic health.<\/p>\n<p>Ossai emphasized that Governor Oborevwori is committed to managing Delta State towards a debt-free future, noting that the governor has saved over N205 billion through financial efficiency and has reduced the state\u2019s debt by N180 billion. He argued that it is precisely these achievements that the APC is challenging, highlighting the irony of their criticism given the APC\u2019s poor management of the national economy.<\/p>\n<p>The PDP also pointed out that the APC\u2019s poor handling of the national economy, particularly in the oil sector, is another reason why their opinions on Delta State\u2019s debt management should not be taken seriously. Under the APC, Nigeria\u2019s crude oil production capacity dropped from over two million barrels per day to about one million barrels per day, further exacerbating the country\u2019s economic challenges.<\/p>\n<p>In summary, the Delta State PDP dismissed the APC\u2019s criticisms as unfounded and reflective of the party\u2019s own failures at the national level, particularly in the management of the economy and debt. The PDP reiterated its commitment to prudent financial management and ensuring that Delta State does not follow the same path as the APC-led federal government.<\/p>\n<p class=\"wp-dark-mode-transparent\" data-sourcepos=\"11:1-11:132\">Share News with us via WhatsApp:<strong class=\"wp-dark-mode-transparent\">\u00a0<a class=\"wp-dark-mode-transparent\" href=\"https:\/\/api.whatsapp.com\/send?phone=2348163658925&amp;text=Good%20day,%20NaijaEyes%20Digital\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">08163658925<\/a>\u00a0or Email:\u00a0<\/strong>naijaeyes1@gmail.com<\/p>\n<p class=\"wp-dark-mode-transparent\"><strong class=\"wp-dark-mode-transparent\">Join Our Social Media Channels:<\/strong><\/p>\n<p class=\"wp-dark-mode-transparent\">WhatsApp:<strong class=\"wp-dark-mode-transparent\">\u00a0<a class=\"wp-dark-mode-transparent\" href=\"https:\/\/whatsapp.com\/channel\/0029VaINDLn8V0toq2u6BJ34\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NaijaEyes<\/a><\/strong><\/p>\n<p class=\"wp-dark-mode-transparent\">Facebook:\u00a0<strong class=\"wp-dark-mode-transparent\"><a class=\"wp-dark-mode-transparent\" href=\"http:\/\/www.facebook.com\/Naijaeyess\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NaijaEyes<\/a><\/strong><\/p>\n<p class=\"wp-dark-mode-transparent\">Twitter:\u00a0<a class=\"wp-dark-mode-transparent\" href=\"https:\/\/twitter.com\/naija_eyes\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong class=\"wp-dark-mode-transparent\">NaijaEyes<\/strong><\/a><\/p>\n<p class=\"wp-dark-mode-transparent\">Instagram:\u00a0<a class=\"wp-dark-mode-transparent\" href=\"https:\/\/www.instagram.com\/naijaeyes\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong class=\"wp-dark-mode-transparent\">NaijaEyes<\/strong><\/a><\/p>\n<p class=\"wp-dark-mode-transparent\">TikTok:\u00a0<a class=\"wp-dark-mode-transparent\" href=\"https:\/\/www.tiktok.com\/@naijaeyes2\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong class=\"wp-dark-mode-transparent\">NaijaEyes<\/strong><\/a><\/p>\n<p class=\"wp-dark-mode-transparent\"><a class=\"wp-dark-mode-transparent\" href=\"http:\/\/naijaeyesblog.com\/ro\/category\/tech\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">READ THE LATEST POLITICS NEWS<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>PDP Criticizes APC&#8217;s Stance on Debt Management in Delta. The Delta State chapter of the Peoples Democratic Party (PDP) has strongly criticized the All Progressives Congress (APC) for its commentary on the state&#8217;s debt management, asserting that the APC lacks the credibility to discuss such matters. According to the PDP, the APC-led Federal Government has [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":8057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PDP Criticizes APC&#039;s Stance on Debt Management in Delta - NaijaEyes Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/naijaeyesblog.com\/ro\/pdp-criticizes-apcs-stance-on-debt-management-in-delta\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PDP Criticizes APC&#039;s Stance on Debt Management in Delta - NaijaEyes Blog\" \/>\n<meta property=\"og:description\" content=\"PDP Criticizes APC&#8217;s Stance on Debt Management in Delta. The Delta State chapter of the Peoples Democratic Party (PDP) has strongly criticized the All Progressives Congress (APC) for its commentary on the state&#8217;s debt management, asserting that the APC lacks the credibility to discuss such matters. According to the PDP, the APC-led Federal Government has [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/naijaeyesblog.com\/ro\/pdp-criticizes-apcs-stance-on-debt-management-in-delta\/\" \/>\n<meta property=\"og:site_name\" content=\"NaijaEyes Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-13T12:14:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2024\/08\/yy-ezgif.com-png-to-webp-converter-10.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"762\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"David Abi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Abi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/pdp-criticizes-apcs-stance-on-debt-management-in-delta\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/pdp-criticizes-apcs-stance-on-debt-management-in-delta\\\/\"},\"author\":{\"name\":\"David Abi\",\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/#\\\/schema\\\/person\\\/2ed7a0f8f96e0219f64ac0dcd3e62730\"},\"headline\":\"PDP Criticizes APC&#8217;s Stance on Debt Management in Delta\",\"datePublished\":\"2024-08-13T12:14:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/pdp-criticizes-apcs-stance-on-debt-management-in-delta\\\/\"},\"wordCount\":431,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/pdp-criticizes-apcs-stance-on-debt-management-in-delta\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/naijaeyesblog.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/yy-ezgif.com-png-to-webp-converter-10.webp\",\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/naijaeyesblog.com\\\/pdp-criticizes-apcs-stance-on-debt-management-in-delta\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/naijaeyesblog.com\\\/pdp-criticizes-apcs-stance-on-debt-management-in-delta\\\/\",\"url\":\"https:\\\/\\\/naijaeyesblog.com\\\/pdp-criticizes-apcs-stance-on-debt-management-in-delta\\\/\",\"name\":\"PDP Criticizes APC's Stance on Debt Management in Delta - 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