Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Rivers State House Of Assembly Approves Wike's N10billion Loan Request

Published by Nairaland on Thu, 11 Jun 2015


The Rivers State House of Assembly on Thursday approved a loan of N10 billion requested by the State Governor, Nyesom Wike.The state governor had sent a letter to the House of Assembly asking that he should be granted approval to secure the loan that would be used to fund some major projects in the state.28 lawmakers voted in favour of the approval.Speaker of the House, Mr. Ikuinyi Ibani, in his remark, explained that it would be difficult for any government to survive without funds to operate.Ibani, who pointed that the House would not be involved in frivolous approvals, added that the state legislature would endorse transparent and sincere requests that would benefit the people of the state.Explaining that the immediate past administration left an empty treasury, the Speaker disclosed that the loan would be taken from Zenith Bank and repaid through Valued Added Tax.He said, 'He (Wike) cannot do that without cash back. No government can run without a financial base. We must provide succour for our people, so that they can begin to see changes between yesterday and today.'This Assembly will not engage in frivolous approval and resolutions. As an Assembly, we have the responsibility to know what the funds sought are meant for.'Meanwhile, the State House of Assembly has committed the High Court Amendment Law 2015 to an ad hoc committee to conduct a public hearing on the matter.http://www.punchng.com/news/assembly-approves-wikes-n10bn-loan-request/
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs