Latest News

Bayelsa eyes N20bn loan to complete projects

Published by

Bayelsa State has concluded arrangements to secure a N20bn loan to complete ongoing projects and embark on new projects.

The government spoke through the state Commissioner for Works and Infrastructure, Lawrence Ewrudjakpor, at the government house, Yenagoa.

It stated that the loan, which was approved by the state assembly, was not for frivolous spending, noting that it would fund a four-bedroom duplex estate targeted to accommodate oil expatriates, against the backdrop of the directive that oil multinational companies should relocate to the Niger Delta.

It submitted that another 520 housing units to bridge the accommodation gap for civil servants and residents would be built at Ayama, in Southern Ijaw Local Government Area of the state.

Among other projects, the loan will be deployed to complete the Isaac Boro expressway, the 25 constituencies’ boarding schools, and to beautify the Ijaw academy, with the overall intention to improve and upgrade education standard in the state.

Recent Posts

Court adjourns Natasha’s contempt case against Akpabio, others to May 13

The Federal High Court sitting in Abuja has adjourned till Tuesday, May 13, to hear…

3 minutes ago

Rivers crisis: Fubara visited me with two APC govs — Wike

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has revealed that embattled Rivers…

4 minutes ago

NDLEA gets forensic labs in Abuja, Enugu, trains 20 officers

After over 25 years of conducting forensic analysis in a single laboratory facility in Lagos,…

12 minutes ago

Immigration rules: UK faces risk of becoming ‘island of strangers’ — Starmer

Starmer also plans to deport more foreign criminals and require employers to train UK workers.…

25 minutes ago

Tinubu’s reelection: Nigerian youths urged to join City Boys Movement

President Tinubu has equally released additional N50 billion each for the Student Loan and Credit…

29 minutes ago

US, China trade deal ‘significant step forward’— WTO

she said she was “pleased with the positive outcome of the talks”, adding that they…

36 minutes ago

Welcome

Install

This website uses cookies.