A DDRESS BY HIS EXCELLENCY, SENATOR DR IFEANYI OKOWA, GOVERNOR OF DELTA STATE, TO MARK THE FIRST YEAR ANNIVERSARY OF HIS ADMINISTRATION ON MONDAY, MAY 23, 2016, AT THE PRESS CENTRE, OLD GOVERNMENT HOUSE, ASABA. Gentlemen of the Press When I addressed the State immediately after my swearing-in as Governor on May 29, 2015, we were in the middle of a serious economic crisis. Our monthly revenue both from the Federation Account and Internally Generated Revenue had dipped significantly. The non-oil sector of the economy remained largely untapped. The level of youth unemployment was troubling, posing a clear and present danger to the socio-political stability of the State. Our credit was in bad shape, and the financial system was at best, shaky and at worst, perilous. Indeed, our promise of prosperity for all Deltans seemed illusory. 2. Upon assumption of office, we moved swiftly and decisively to restructure our liabilities and instituted processes and pro...
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