Delta assembly approves state government’s N3 billion loan

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The loan will be used to finance priority road projects in the state.

Delta State House of Assembly on Tuesday approved the request of Governor Ifeanyi Okowa for N3 billion short-term loan facility for the financing of priority road projects in the state.

According to Mr Okowa, there is urgent need for the state government to support some of its road’s contractors in accessing financing to aid accelerated execution of critical projects before the onset of the rainy season. Mr Okowa said the funds were required to make progress in the relevant project execution, adding that the state executive council at its meeting of February 5, 2019 considered and approved that the state government should support certain contractors for the state’s critical priority projects.

The motion, which was adopted through a voice vote by the Assembly, was seconded by Emeka Nwaobi, representing Aniocha North constituency in the state House of Assembly.

 

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States are just there milking FG without creating anything towards meaningful development...like a grown child still living at home at age 50.

Like seriously

Billy

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