Fidelity bank card banner Camano banner
Ebonyi Assembly approves Umahi’s request to access N8B CBN loan

By Boniface Okoro, Umuahia on 08/08/2015

Views: 2,819

Ebonyi State House of Assembly has given its nod for the State Governor, Engr. Dave Umahi, to access N8 billion loans from the Central Bank of Nigeria (CBN).

The loans include N4.4 billion salary arrears bail-out fund, N2 billion CBN loan to rice producing states to boost rice production and another N2 billion for Micro-Small and Medium Enterprises development.

The House granted the approval during its sitting yesterday.

According to statement by the Special Adviser (Media) to the Speaker of the House, Mr. Tony Nwizi, the governor’s requests to access the loans were contained in the letters he sent to the House seeking the approval of the lawmakers.

During the plenary, the lawmakers were unanimous that the governor’s requests were timely, adding that he should be given express permission to enable him to provide Ebonyi with the required human resource, agricultural and micro small and medium enterprise development.

After an exhaustive deliberation in the committee of the whole, the Speaker, Rt. Hon. Francis Nwifuru, put the motions to vote and they were unanimously adopted.

The House also screened the Governor’s nominees for appointment as Chairman and Members of Ebonyi State Fiscal Responsibility Commission where the immediate past member of the House, Hon. Vincent Nwibo was nominated as chairman.

•Photo shows Governor Umahi.

Source News Express

Posted 08/08/2015 06:49:41 AM





You may also like...
CHAN 2018: Wasteful Super Eagles held by Rwanda’s...

Akwa Ibom gets ultimatum on N-Power deployment

OTC transaction hits N9.75trn

Ambode declares war on refuse, vows to clean...

Jonathan hails Uduaghan’s exemplary dedication to service

World Cup: It will be fire-for-fire against Argentina...

Rivers Rerun Polls: Reject enemies of Ogoni struggle...

Lawmakers query Finance Ministry on 2015 Budget implementation...

Mandela’s grandson, Mandla, slammed with criminal charges

Court stops Adoke’s prosecution over Malabu deal

Star actress Ronke Oshodi battles mosquitoes over facial...

Nigerian pirates kidnap Moroccan crew


Latest News Jonathan’s ally joins Bayelsa guber race Father’s Day: Okowa urges parents to build better homes INEC Server: Atiku tackles mischief makers Human trafficking: How organ hunters obtain, sell hearts, human eggs We must join hands to lift our young ones from poverty to prosperity, says Tony Elumelu as he receives honorary doctorate degree Journalist, relief officials escape abduction CAN Presidency: TEKAN President draws battle-line with Ayokunle APC crisis may delay submission of ministerial list to Senate Akeredolu lauds NDDC 4,000 health personnel needed in Borno – Health Union 2019 Elections: How political parties created logistic challenges – INEC A pain has come that will never go, says Dokubo as elder sister is buried


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (494,138 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (425,317 views) Shameless Genevieve Nnaji exposes breasts in public (365,067 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (311,697 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (276,043 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (243,891 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (233,799 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (215,727 views) 10 cars more expensive than Jets (212,349 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (204,303 views) Lagos plane crash: Journalist releases victims’ names (184,411 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (183,753 views)


NNPC Financial reports February 2019

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (93) Business & Economy (4,308) Business Verdict (73) Columnists (1,051) Complaints & Requests (95) Enterprise & Opportunities (209) Entertainment (623) Features (759) Global Business Monitor (378) ICT Monitor (53) International (3,591) Interview (184) Live Commentary (30) Love Matters (162) Maggie's Blog (302) News (47,400) Opinion (1,260) Pidgin (17) Politics (11,022) Religion (1,022) Sports (2,043) Stock Watch (39) AMA & Al Jazeera Global Update






APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera