Wednesday, July 22
Abia Assembly approves Ikpeazu’s N30 Billion loan request
The Abia State House of Assembly has approved a request sent to it by Governor Okezie Ikpeazu to raise a loan facility of N30 billion from commercial banks.
Ikpeazu had sought the approval of the House for a loan to enable his administration meet up with its financial obligations.
Speaker of the House, Martins Azubuike, who announced the approval at the plenary sitting on Tuesday, said the request had been duly considered by members earlier at an executive session.
He noted that the approval had become necessary following the decline in the federal allocation accruing to the state as well as apathy of residents in tax payment, a development, he said, that had adversely affected the revenue of the state.
The Speaker said the House, after due considerations of the prevailing circumstances, decided to approve the request for a loan to enable the Governor function effectively.
Popular Tags:
Nigerian And World News
,
Nigerian News Online
Subscribe to:
Post Comments
(
Atom
)
Trending News
-
A ‘suya’ meat seller in Enugu State was weekend nabbed while reportedly stealing meat from a butcher’s shed at the popular Ogbete main mar...
-
Father Chibuike Okpala Fears has been spread in the streets of kubwa village in Abuja, as a priest was found half dead in the early morn...
-
The school children were caught dancing provocatively while twerking Many people have reacted angrily after school chidren were caught o...
-
On Wednesday , dozens of people took over the streets of Venezuelan capital in Caracas calling for the government of President Nicholas ...
-
A very gigantic snake that was suspected to have eaten a calf, has been killed by some locals. The locals were amazed to find out that t...
-
24 year-old Anastasia Deeva appointed as Deputy Minister on European integration of Internal Affairs of Ukraine A newly appointed 24-...
-
This woman who was reportedly intoxicated with drugs and alcohol, have been captured on camera in the streets of New York, twerking n*ked ...
-
Blac Chyna posted her bathroom selfie flaunting her figure on her instagram page and just an hour later, her baby daddy's ne...
-
Did you know that if you’re using tobacco, you may develop this kind of cancer? This cancer may also trigger when your family has a histor...
-
West African countries' leaders are in Niamey, Niger Republic, for talks on the proposed single currency for the Economic Community of...
No comments :
Post a Comment