Why we seek N100b bond convertion to loanAmaechi

Rivers State Governor, Rt. Hon. Chibuike Rotimi Amaechi has cleared the air on why his administration asked the State Assembly to convert the already approved N100billion bond into loan. Amaechi explained that the conversion from bond into loan of the said sum is to enable his government complete ongoing projects in the state before the rainy season sets in, noting that with the long and difficult process of obtaining the bond, the state government will fail to complete ongoing projects in the state before the rains set in.
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