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Oyo Assembly Approves Makinde’s Request To Access N50b Loan Facility

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    the street journal

    By Rotimi Agboluaje, Ibadan 06 September 2023   |   6:46 am .Gov submits another list of commissioner-nominees The Oyo State House of Assembly, yesterday, granted the request of Governor Seyi Makinde to access N50 billion revolving overdraft for the development of recurrent and capital expenditures in the state. The approval was sequel to a request letter sent to the House by the governor and read at… Gov. Makinde. Pix: Twitter .Gov submits another list of commissioner-nominees The Oyo State House of Assembly, yesterday, granted the request of Governor Seyi Makinde to access N50 billion revolving overdraft for the development of recurrent and capital expenditures in the state. The approval was sequel to a request letter sent to the House by the governor and read at the plenary by the Speaker, Adebo Ogundoyin. The facility is for a period of 45 months at a concessionary rate of 25.1 per centyearly. This is subject to review in line with the prevailing money market conditions. Also, the Assembly, yesterday, acknowledged and announced names of two more commissioner-nominees forwarded to it by Makinde. The names are a Lanlate-born Wasilat Adegoke Adefemi, and Dr. OluwaserimiAdewumiAjetunmobi. The Speaker read the governor’s letter for the screening and confirmation of the nominees during the House plenary. The governor said the two personalities had been considered worthy of appointment as commissioners by the state government. Ogundoyin said there are still some ministries that are yet to have commissioners, adding that the new commissioner-nominees would soon be screened by the House. The governor’s request has finally put to rest the speculations in some quarters as to who the commissioner-nominee from Ibarapa East Local Council is. 36 mins ago The National Agency for Food and Drugs Administration and Control (NAFDAC), has issued stern warning to all Nigerians against consumption of chemically ripened fruits. The agency also described sub-standard drug hawkers as merchants of death and warned the public against patronizing such items from the market to prevent the risk of taking contaminated, substandard, expired… 44 mins ago Human Rights Writers Association of Nigeria (HURIWA), has condemned the withdrawal of accreditation to some journalists and media houses covering the Presidential Villa. The organisation which described the development as worrying and despotic, also condemned the invasion of the African Independent Television and Ray Power FM stations in Rivers State by suspected agents of the… 50 mins ago The Kingdom of Saudi Arabia has unveiled preparation for 2024 Hajj with allocation of pilgrims slots across participating countries in the world 1 hour ago Nigeria’s economic quagmire should create serious concerns for Nigerians, especially finance experts, the World Bank, Central Bank of Nigeria (CBN) and Chartered Institute of Bankers of Nigeria (CIBN) warned yesterday, as the Federal Government seeks partnership on its recovery mission. With rising poverty, near total dependence on importation, dwindling revenue generation and spending by the Federal… 1 hour ago Minister of Marine and Blue Economy, Adegboyega Oyetola, has pledged to strengthen Public Private Partnership (PPP) arrangement for abolition of undue charges on crude oil exportation and end to menace of charter vessels. He also expressed the readiness of the newly-created ministry to develop infrastructure in lakes and coastal bodies facing towns and cities across…

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