BREAKING: Senate Approves N10bn Loan For Kogi

BREAKING: Senate Approves N10bn Loan For Kogi

Nigerian Senate

The Senate has on Wednesday approved N10bn loan refund for Kogi State.

The Minority caucus in the Senate against the approval of the sum of N10.016billion for the Kogi State Government few days to the governorship election slated for Saturday, November 16.

The Minority Leader, Senator Enyinnaya Abaribe’s opposition to the payment was sequel to the presentation and consideration of the report of the Senate Committee on Local and Foreign Debts on the issuance of sum of N10.016billion promissory note programme to the Kogi State Government and a Bond issuance to settle local debts and contractual obligations of the Federal Government – refund to states for projects executed on behalf of the Federal Government.

The report was presented by the Chairman of the Committee, Senator Clifford Ordia, representing Edo Central.

Details shortly…

The Nation


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