Okowa’s N100bn Loan Request Gets Delta Assembly’s Approval Omon-Julius Onabu in Asaba The Delta House of Assembly has approved a request by Governor Ifeanyi Okowa for a N100 billion credit facility, out of t
The Delta House of Assembly has approved a request by Governor Ifeanyi Okowa for a N100 billion credit facility, out of the N150 billion earlier approved Consolidated Syndicated Loan.
Oborevwori, who is the state’s 2023 Governorship Candidate of the Peoples Democratic Party , noted that the assembly had on April 26, 2022 received and had subsequently approved the governor’s request of N150 billion consolidated syndicated loan from Zenith Bank. Moreover, the governor explained that the loan would be used for the payment of contractors and funding of an assortment of crucial ongoing projects across the state.
Governor Okowa had also transmitted the letter to the House through the Speaker, Hon Oborevwori, seeking approval for the N2 billion credit.
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.
Pomegranate Raises N2.2bn Sukuk Loan for Projects – THISDAYLIVE
Read more »
Delta 2023: Battle of defections ahead of polls | The Guardian Nigeria News - Nigeria and World NewsThe governorship election in Delta State is going to be a two-horse race between the ruling Peoples Democratic Party (PDP) and All Progressives Congress (APC) because other parties are yet to be visible, less than two months to the general elections.
Read more »
Nigerians eager for LP to takeover - Delta guber candidate PelaThe Delta State gubernatorial candidate of the Labour Party, LP, Deacon Ken Pela today expressed confidence that the 2023 elections will hold peacefully
Read more »
Bar ministry from supervising NDDC, Falana tells courtHuman rights lawyer, Femi Falana, has filed an originating summons before a Federal High Court in Abuja, demanding that the Niger Delta Development Commission be moved from the Federal Ministry of Niger Delta Affairs and back to the President’s direct supervision.
Read more »
2023 Election: Aggrieved Civil Servants Dump PDP, Vice-Presidential Candidate, Governor Okowa, Over Unpaid Arrears | Sahara ReportersSome aggrieved civil servants in Delta State under the aegis of 'Concerned Progressive Workers For Good Governance', on Wednesday, dumped the Peoples Democratic Party (PDP) and its vice-presidential candidate, Governor Ifeanyi Okowa. In Okowa’s place, the civil servants endorsed the Delta state governorship candidate of the All Progressives Congress (APC) and deputy senate president, Ovie Omo-Agege for the forthcoming 2023 election.
Read more »
Governor Bagudu fails to appear before assembly over alleged N18 billion misappropriationThe lawmakers want the governor to explain how the N18 billion federal government loan they approved in 2021 for the state was spent.
Read more »