FEC APPROVES AFDB LOAN OF 115 MILLION DOLLARS FOR ABIA STATE FOR INFRASTRUCTURE IN ABA AND OTHER PARTS OF ABIA STATE

Yesterday, Monday, November 27th, 2023, the Federal Executive Council in Abuja gave approval for the loan from the African Development Bank to Abia State. This loan is in the sum of One Hundred and Fifteen Million Dollars ( $115 Million). One Hundred Million Dollars out of this is from the Africa Development Bank while Fifteen Million Dollars is coming from the Canadian Development Bank. By the current exchange rate, this is 115 Billion Naira in the kitty of the Abia State Government. The approval by the Federal Executive Council is…

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PREMIUM TIMES INDICTMENT OF ABIA PDP: A BACKFIRED PLOT

By Ukoha Njoku Ukoha The report, “Nigerian Governor Abandons Multi-billion Naira Government House, Runs Govt from Country Home”, published on the platform of Premium Times, is an indictment on the past PDP administrations in Abia State. A bunch of people making brouhaha out of Q3 Budget Expenses does not have a record of what they spent on the new Government House by their successive governments and administrations. The ‘repented’ apostles and messengers of transparency, do not have any evidence of competitive bidding for the completion and substandard furnishing of the…

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