10bn

FG to launch $10bn infrastructural investment in N’Delta

The Minister of State for Petroleum, Dr. Ibe Kachikwu on Thyursday said the Federal Government is planning a $10bn infrastructural rebirth investment programme in the Niger Delta. Kachikwu said this in a press conference in Abuja. The Minister said the funds will come from oil companies instead of the Federal Government. He said, “We will... Read More

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10bn, Federal Government, Infrastructural investment, Niger Delta

May 20, 2016

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Governor Wike to borrow N10 billion to pay salaries

The Rivers State House of Assembly has given the state Governor, Nyeso Wike, the go-ahead to take a N10 billion loan from the Federal Government. The members of the House agreed to the governor’s request to apply for bailout funds from the Federal Government at a session yesterday. Rivers had previously refused to take the bail... Read More

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10bn, Amaechi, bailout, lawmaker, Rivers, salaries, states, wages, wike