The Rivers State House of Assembly has approved another loan for the Governor of Rivers State. The N12 billion is coming just two weeks after the House of Assembly approved another N10 billion.
PUO REPORTS Recall that Governor Nyesom Wike on the 19th of May 2016 approach the Rivers State House of Assembly for a N10Billion loan just two days to the botched May 21 National Convention of the Opposition Peoples Democratic Party(PDP)
It was gathered that 2 billion is for Prof. Tam David-West Road and 10 billion for Sakpenwa-Bori-Kono Road as Governor Nyesom Wike told the Speaker of the Rivers State House Of Assembly Rt Hon Dabotudinma Adams
By this approval, the Governor has hit a total of N102 billion from loans between May 29th 2015 till Date
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Money Approved by the Rivers State House of Assembly for Governor Nyesom Wike since May 29th 2015 are as Follows
On June 11th 2015,the Assembly approved a N10Billion Loan Request by Governor Nyesom Wike
On June 30th 2015 the Rivers State House of Assembly gave Governor Nyesom Wike the approval to borrow a loan of N20 billion for the completion of ongoing road projects in the state
On November 12 2015 the Assembly gave approvals for the Rivers State Government to borrowed N10 billion
On April 8th 2016 The Rivers State House of Assembly authorised the state Governor, Chief Nyesom Wike, to obtain a N10 billion loan from the Excess Crude Account (ECA)
Then on May 19th the Rivers State House Of Assembly granted yet another 10B Naira Loan Request by Governor Nyesom Wike
