Reportedly, the Delta State House of Assembly has on Tuesday approved the loan request of N4bn by Governor Ifeanyi Okowa from Ze Bank.
The request was contained in the Governor’s letter forwarded to the State Legislature and read during plenary by Rt. Hon. Sheriff Oborevwori, Speaker of the Assembly.
According to Okowa, the request was in line with an earlier approval to secure the loan by the State Executive Council.
The Executive Governor stated that the loan is for the completion of ongoing projects which will be beneficial to the people of the state.
“The state is expecting the next tranche of quarterly refunds from the Federal Allocation Committee (FAAC) being its share of 13 per cent derivation that were credited to the excess crude funds utilised by the Federal Government without remitting same to the oil producing states.
“While awaiting the refunds, there is the need to galvanize contractors towards completing and achieving significant milestones in respect of ongoing legacy projects for the benefit of Deltans.
“To realise the foregoing, therefore, it has become necessary to seek a bridging finance at favourable terms and conditions,” Okowa said in the letter.
Consequently, the Deputy Majority Leader, Mr Oboro Preyor, moved a motion for the Assembly to approve the governor’s request.
The motion which was unanimously adopted by the Assembly when put to voice vote by the speaker, was seconded by the Minority Leader, Mr Innocent Anidi.
In the above light, Comrade Anthony Miens Demebide has pleaded with His Excellency, Sen. Dr. Ifeanyi Arthur Okowa to include the Ayakoromo bridge in the list of projects the loan would take care of.
Thepeoplesvoicengr can state that Anthony has been a consistent voice on the Ayakoromo bridge project, and its completion would be his joy.
Demebide further drew the governor’s attention to the safety threats posed by the bridge at this time of the floods when the tides measure level.
“Is Okowa aware that the annual flood, a destructive, destabilizing, and demoralizing guest is around the corners?
The bridge has become a trap for the waterways users plying this route because of Okowa’s refusal and fiasco to fulfill his groomy electioneering promise in 2015 and 2019.” Demebide added.