Ogun State House of Assembly on Thursday, approved Governor Dapo Abiodun’s request to raise a N250bn bond in order to address the post COVID-19 economic crisis.
The Assembly gave the approval during a plenary presided over by Speaker, Olakunle Oluomo, at the legislative complex, Oke-Mosan, Abeokuta.
The Assembly in its resolution titled, “Request for Bond Issuance, Public Offering or Book Building to the tune of N250bn”, said the bond would be accessed in tranches of N100bn annually.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COVID-19 Spike: Ogun Govt Urges Residents To Remain CalmCOVID-19 Spike: Ogun Govt Urges Residents To Remain Calm
Read more »
Buhari rallies ECOWAS on post-COVID-19 economic recovery plansPresident Muhammadu Buhari has charged the ECOWAS Commission to come up with an economic recovery plan to help member-states to recover
Read more »
Courts mustn’t return to analogue documentation post-COVID-19 –OlawuyiIn this interview with OLADIMEJI RAMON, a professor of Law and Deputy Vice-Chancellor, Afe Babalola University, Ado-Ekiti, Damilola Olawuyi, forecasts the future of legal practice in the post-COVID...
Read more »
Ogun records 108 COVID-19 cases in 24 hours
Read more »
AfDB approves $20m to contain spread of COVID-19 in Sahel nationsThe Board of Directors of the African Development Bank on Tuesday approved $20 million in grant funding from the African Development Fund, to build capacity to curb and stop the spread of the COVID…
Read more »
COVID-19: Ndume calls for part-time National Assembly to save costThe Chairman, Senate Committee on Army, Senator Ali Ndume, on Wednesday called for conversion of the National Assembly to a part-time...
Read more »