Home » Rivers Assembly approves Wike’s request to access N15bn loan from CBN

Rivers Assembly approves Wike’s request to access N15bn loan from CBN

The Rivers State Home of Meeting has authorized the request by the state governor, Nyesom Wike, to entry a N15bn credit score help mortgage from the Central Financial institution of Nigeria.

The approval adopted a letter from Gov. Wike to the lawmakers to permit him entry the cash to allow his authorities fund important Infrastructures within the state.

The State Government Council had on Tuesday given approval for the state authorities to entry the fund.

Based on the commissioner for Finance, Isaac Kamalu, who spoke to journalists after the SEC assembly in Port Harcourt, mentioned, “This can be utilised as additional help for the important infrastructure that the state is embarking and presently prosecuting, that are the Chokocho-Igbodo Street in Etche Native Authorities; the Oyigbo-Okoloma Street in Oyigbo Native Authorities Space and the Rumuokwurushi-Elimgbu flyover.

Main the controversy on the request by the governor, the Chief of the Home, Martin Amaewhule in addition to the Deputy Speaker, Edison Ehie, mentioned the fund grew to become obligatory to permit the present authorities enhance on the infrastructures of the state.

In his submission, the Speaker of the Home, Ikunyi Owaji Ibani, mentioned the funds, when accessed, will assist to consolidate on the quite a few tasks executed by Governor Wike-led administration. Supply: DailyPost

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