Zenith Bank Grants Governor Nyesom Wike N10billion Loan

The request for N10 billion loan from Zenith Bank by Governor Nyesom Wike was put forward before the Rivers State House of Assembly.

The Speaker of the House Ikuinyi Ibani, during the sitting of the House, read out the letter from the governor requesting approval of the House to secure the loan, saying it was meant for rehabilitation of roads and some other projects within the governor’s first 100 days in office.

The Leader of the House, Mr Martins Amewhule and others who spoke before the issue was voted on, lauded the governor for attaching details of the proposed projects to his letter.

On his part, the  member representing Ogu/Bolo constituency, Evans Bipi, while lending  support to the governor to go ahead, said the proposed N10 billion loan was an indication that the governor would be very diligent with public funds, saying: “The money is small but it shows that our governor will be diligent with public funds.”

All the 28 lawmakers present gave their support to the governor to go ahead.

The House also constituted an ad-hoc committee,  headed by Michael Chinda, to hear from the state’s Ministries of Health, Information and other agencies on their efforts to stop further deaths from consumption of the poisonous local gin otherwise called kai kai or ogogoro