Breaking NewsBusinessRecent News

Again, Rivers Assembly Authorises Wike To Take N20bn Loan


Rivers State House of Assembly (RSHA) on Tuesday authorised the state Governor, Chief Nyesom Wike, to take a N20 billion loan from Access Bank Plc to finance projects.

This is as the assembly also endorsed Wike’s recognition of Sir Celestine Omehia as a former governor of the state with full rights and privileges.
wike (1)
This loan would be the second approved by the assembly for Wike since his inauguration one month ago.

The assembly had on June 11 authorised the government to obtain a N10 billion loan from Zenith Bank Plc to fund major projects.

In his request to the assembly, Wike said the money would be used to finance on-going road projects like Rumuepirikom-Iwofe road and Abuloma-Woji roads.

Boko Haram: Senator Ndume Gets Court’s Nod To Travel Abroad

Previous article

N2.1bn ECA Fund: Ex-Finance Minister Okonjo-Iweala Denies Unauthorized Withdrawal

Next article

You may also like


Leave a Reply