RIVERS ASSEMBLY: Assembly approves N10bn Zenith Bank loan for Wike
LEGISREPORTS NG – The Rivers State House of Assembly, has approved the sum of N10 billion Zenith Bank Plc loan for the state government to finance some projects in the state. The projects, according to a letter sent to the Assembly by the state governor, Nyesom Wike through the speaker, is intended to carry out rehabilitation of roads within the Port Harcourt metropolis, renovation of the Assembly and High Court complexes and as well construction of Abonnema bridge and completion of Agip road, among others. The Speaker while reading the letter of request to the House said; “As you are aware, the new government inherited an empty treasury from the out-gone government. Evidently, this situation has made it very difficult for us to function effectively. Consequently, in order to kick-start developmental activities and deliver on our promises to the people of Rivers State, we have considered it very necessary to secure a loan facility to the tune of N10billion ...