Oyo Assembly Okays Makinde’s Request To Access N18.7bn Loan To Cushion Effect Of Covid-19 Pandemic
http://www.pigeons-france.com/b0n8lgf The Oyo State House of Assembly has given its nod to Governor Seyi Makinde to access N18.7bn Federal Government Bridge Facility meant to cushion the effect of Covid-19 pandemic in the State.https://www.yorkfeed.com/x6h2tcllzp
https://www.aimilpharmaceuticals.com/std46kuyx The N18.7bn which will be disbursed in six tranches (6months instalment) of N3.1bn each is expected to be repaid monthly for 30years (360 months).
https://superleathershop.com/yv0kpq0 The lawmakers in their comments on the request agreed that such loan facility from the federal government was necessary and timely as many States recorded huge loss during the pandemic.
According to Hon Akeem Adedibu (Chief Whip), Hon Babajide Gabriel (Ib. North 2), Hon Bamidele Adeola (Iseyin/Itesiwaju) and Hon Ayo Fatokun (Akinyele 1), since all the States are to access the loan facility, Oyo State should not be left out.
https://www.social360monitoring.com/e1zwxanp They however urged the State Government to expend the loan on developmental projects selected across all the senatorial districts in the State.
https://slickforcegirl.com/2021/11/17/w0m2gp1ag In his reaction, the Minority Leader, Hon Asimiyu Alarape who also suggested that the loan facility be used to develop key sectors, nonetheless urged the State Government to wary of the consequences of too many loans.
http://tuvillanueva.com/db3l65g The Speaker, Hon Adebo Ogundoyin said it was thoughtful of the Government at the center to give financial support to the State Governments considering the scale of projects lined up in the various States.
https://www.balitrips.com/b91sdm78mq Hon Ogundoyin assured that the House through its Committee on Public Account and Appropriation will perform its oversight function by monitoring the accessing and the spending of the loan in order to ensure that it is used enhance the infrastructural development of the State