By Fred Itua
In a political and economic landscape where debt accumulation has become a norm, Governor Monday Okpebholo of Edo State is quietly scripting a new narrative; one anchored on prudence, discipline, and purposeful leadership. His administration is redefining what is possible when integrity meets strategy in governance.
The Debt Management Office (DMO) recent release, shows that Edo State’s domestic debt has dropped significantly from ₦113 billion in December 2024 to ₦80 billion by June 2025, while foreign debt has reduced from $383 million to $337 million. This rare achievement did not come through new loans, bailouts, or federal interventions; it came through careful management, transparent spending, and strategic prioritization.
In less than a year in office, Governor Okpebholo has demonstrated that progress does not depend on reckless borrowing, but on sound economic thinking and disciplined governance. The governor’s stewardship has shifted the state’s fiscal trajectory from dependency to sustainability, from deficits to strategic development.
While the sadistic Obaseki administration relied heavily on loans, often with little to show for it, Okpebholo has proven that results can come from within. His government is building infrastructure, expanding the workforce, and paying down inherited debts, all through the intelligent management of existing resources.
At the heart of this transformation lies the governor’s SHINE Agenda, which prioritizes Security, Health, Infrastructure, Nutrition-Agriculture, and Education. Rather than spreading resources thin across nonessential projects, his administration channels funds into sectors that stimulate growth and improve quality of life.
Even the ₦100 billion credit line earlier approved for infrastructure development remains untouched. The governor insists that every loan must be tied directly to a clear, measurable outcome. “We will borrow only when the project is visible, viable, and verifiable,” he said; an ethos that has become the defining mark of his leadership style.
Financial analysts have described Okpebholo’s approach as both “strategic and moral.” Strategic because it prioritizes sustainability over speed; moral because it treats public funds as a sacred trust. His prudence is fast restoring credibility to Edo’s financial reputation, making the state more attractive to investors and development partners.
Under his watch, the government has tightened leakages, improved internal revenue processes, and introduced transparency mechanisms that ensure that every naira spent serves a purpose. Edo’s monthly fiscal reports now reflect clarity, accountability, and measurable progress; an uncommon culture in public finance.
More importantly, the Okpebholo administration is proving that fiscal discipline does not have to slow development. Across the state, projects are springing up; from urban roads to rural water schemes, from school rehabilitation to healthcare expansion, evidence that reform-minded leadership can achieve much without mortgaging the future.
Observers have likened Governor Okpebholo’s model to a “quiet revolution”, a departure from the populist politics of debt accumulation toward a system of sustainable growth. His philosophy is simple: “Cut waste, pay debts, build infrastructure, and secure the future.”
This approach has not only improved Edo’s debt-to-revenue ratio but also boosted public confidence. Civil servants are being paid promptly, pensioners are breathing easier, and contractors are beginning to trust that the government means business.
For Governor Okpebholo, good governance is not about noise or drama; it is about results that endure. His modest lifestyle and contentment reflect in his policies; his leadership is driven by conviction, not ambition. In his words, “Public office is not for accumulation, it is for contribution.”
Today, Edo stands out as a beacon of what transparent leadership can accomplish. While others sink deeper into debt traps, Governor Okpebholo is lifting Edo out of fiscal bondage and building a foundation for lasting prosperity.
With no loans, no waste, and clear results, Edo is experiencing a renaissance of hope, proof that when vision meets discipline, progress becomes inevitable. Under Governor Monday Okpebholo, the numbers speak, the people rejoice, and the future looks brighter than ever.
Oba ghato kpere, iseeeeeeeeeeee!
*Itua is the Chief Press Secretary Governor Monday Okpebholo of Edo State.
