The News Chronicle
  • About Us
  • Advert Rates
  • Contact Us
  • Privacy Policy
Sunday, August 14, 2022
  • Login
Advertisement
  • News
    • Breaking
    • Business
    • Celebs
    • Sports
    • Africa
    • Technology
    • World News
    • Interviews
  • Social Diary
    • Events
  • Columns
    • Monday
    • Tuesday
    • Wednesday
    • Thursday
    • Friday
    • Sunday
    • Opinions
    • Editorial: Our Stand
  • TNC TV
  • Interviews
  • Books
    • Reviews
    • Author Profiles
  • Entertainment
  • Gist
  • Gossip
No Result
View All Result
  • News
    • Breaking
    • Business
    • Celebs
    • Sports
    • Africa
    • Technology
    • World News
    • Interviews
  • Social Diary
    • Events
  • Columns
    • Monday
    • Tuesday
    • Wednesday
    • Thursday
    • Friday
    • Sunday
    • Opinions
    • Editorial: Our Stand
  • TNC TV
  • Interviews
  • Books
    • Reviews
    • Author Profiles
  • Entertainment
  • Gist
  • Gossip
No Result
View All Result
The News Chronicle
No Result
View All Result
  • News
  • Social Diary
  • Columns
  • TNC TV
  • Interviews
  • Books
  • Entertainment
  • Gist

Path Homepage » News » N150bn bridging finance not loan – Okowa

N150bn bridging finance not loan – Okowa

Merit Ugolo by Merit Ugolo
May 6, 2022
in News
Reading Time: 1 min read
A A
Embrace Peace, Okowa Urges Warring Delta Communities
Share on FacebookShare on TwitterShare on Whatsapp

Governor Ifeanyi Okowa of Delta State has said the N150 billion “Bridging Finance” facility was not a fresh loan but an advance from the N270 billion owed the state by the Federal Government.

Okowa stated this on Thursday at the quarterly media briefing at the Press Centre, Government House, Asaba.

RelatedPosts

Northern Governors’ Wives committed to eradicating drug abuse, stemming social vices – Bagudu

Northern Governors’ Wives committed to eradicating drug abuse, stemming social vices – Bagudu

August 14, 2022
Another Chibok School Girl, Three Others Rescued

Another Chibok School Girl, Three Others Rescued

August 14, 2022
Cyber attacks on Nigerian SMEs hit 89% increase in 2022

Yanluowang Ransomware: NCC-CSIRT Urges Stronger Security Measures

August 14, 2022

He said that the N150 billion had been tied to projects embarked upon by his administration and his predecessor, explaining that the reason people questioned the approval of the facility by the House of Assembly was due to lack of information.

He pointed out that his administration would not take any decision that jeopardise the peace, unity and overall transformation of the state.

Okowa used the forum to debunk rumour of endorsement of any aspirant in all elective positions ahead of 2023 general elections, promising that the primaries of Peoples Democratic Party (PDP) would be fair, transparent and credible.

“I have not endorsed any aspirant for any elective positions in the forthcoming general elections in the country. We shall provide a free, fair, transparent and credible party primaries,” the governor said.

Russia Relationship with Africa Pegged on Delivering Pledges
Trending
Russia Relationship with Africa Pegged on Delivering Pledges

On the allegation that he hijacked the list of delegates, he described it as the handiwork of mischief makers, stressing that those who were out to derail the process did not succeed.

For those criticising the policies and programmes of his administration, Okowa advised them to be factual, and assured that nothing would derail him from fulfilling all his electioneering campaign promises.

Meanwhile, the governor cautioned political office holders to, at all times, speak truth to power irrespective of party affiliation.

He said the allegation of N2 billion allegedly spent on political appointees was untrue, and dismissed the statement as “most unfortunate”.

Hot Gist

  • “The precise mechanism of action in chloroquine is poorly understood”, Pharmacist Iniobong Usen
  • The Story Vault. #1. Love
  • Sunday Reflections
  • Catherine M. O’Meara’s Optimism in Crisis, and Comparison between the 1918 and 2019 Pandemics

Tags: Delta 150 billion loanOkowa

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Wedding night, honeymoon and the trend in the other room

Next Post

How Corruption Hinders National Development – Owasanoye

Related Posts

Northern Governors’ Wives committed to eradicating drug abuse, stemming social vices – Bagudu

Northern Governors’ Wives committed to eradicating drug abuse, stemming social vices – Bagudu

August 14, 2022
Another Chibok School Girl, Three Others Rescued

Another Chibok School Girl, Three Others Rescued

August 14, 2022
Cyber attacks on Nigerian SMEs hit 89% increase in 2022

Yanluowang Ransomware: NCC-CSIRT Urges Stronger Security Measures

August 14, 2022
A Captive President, Blighted Country & Docile People

President Buhari Mourns Abari, Rmafc Commissioner

August 13, 2022
Xavi Speaks Ahead of Rayo Vallecano Tie

China’s Role In Reversing Nigeria’s Infrastructure Deficit Won’t Be Forgotten – Femi Adesina

August 13, 2022
Poor COVID Vaccine Uptake: Anambra Govt Launches New Initiative To Ramp Up Process

Poor COVID Vaccine Uptake: Anambra Govt Launches New Initiative To Ramp Up Process

August 13, 2022
Next Post
Significant part of $80bn lost to IFFs annually by Africa, from Nigeria – ICPC Chairman

How Corruption Hinders National Development - Owasanoye

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

What's New?

LONDON DERBY: Harry Kane rescues a late-minute point for Tottenham at Stamford Bridge
Sports

LONDON DERBY: Harry Kane rescues a late-minute point for Tottenham at Stamford Bridge

by Oladimeji Adeoye
August 14, 2022
0

Chelsea hosted former boss Antonio Conte at Stamford Bridge in their second game of the season in the English Premier...

Read more
Richard Odusanya

Religion, spiritualism and humanity

August 14, 2022
The Veil

This Book

August 14, 2022
Prev Next
The News Chronicle

© 2022 The News Chronicle

Navigate Site

  • About Us
  • Advert Rates
  • Contact Us
  • Privacy Policy

Follow Us

No Result
View All Result
  • News
    • Breaking
    • Business
    • Celebs
    • Sports
    • Africa
    • Technology
    • World News
    • Interviews
  • Social Diary
    • Events
  • Columns
    • Monday
    • Tuesday
    • Wednesday
    • Thursday
    • Friday
    • Sunday
    • Opinions
    • Editorial: Our Stand
  • TNC TV
  • Interviews
  • Books
    • Reviews
    • Author Profiles
  • Entertainment
  • Gist

© 2022 The News Chronicle

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

News updates based on facts and evidence.