{"id":2119,"date":"2021-12-23T19:54:05","date_gmt":"2021-12-23T19:54:05","guid":{"rendered":"https:\/\/ebirareporters.com\/?p=2119"},"modified":"2021-12-23T19:54:05","modified_gmt":"2021-12-23T19:54:05","slug":"kogi-govt-to-take-n900m-loan-gets-assemblys-approval","status":"publish","type":"post","link":"https:\/\/ebirareporters.com\/kogi-govt-to-take-n900m-loan-gets-assemblys-approval\/","title":{"rendered":"Kogi Govt to Take N900m Loan, Gets Assembly&#8217;s Approval"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino, serif;\">&#8230;\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">The Kogi State Government has gotten approval from the House of Assembly to take a loan in the sum of nine hundred million Naira.\u00a0<\/span><!--more--><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">The House gave the approval on Thursday at the resumption of plenary on when it resumed.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">The Speaker, Prince Matthew Kolawole read a letter from Governor Yahaya Bello seeking approval for the loan.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">The N900 million loan was said to be used for the payment of counterpart funds for the 2021 Universal Basic Education Projects.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">The letter stated that government needed the approval to develop the State Basic Education subsector.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">The Lawmakers gave the Governor a go-ahead.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">Meanwhile, <a href=\"https:\/\/ebirareporters.com\/2021\/12\/23\/amidst-accusation-of-no-public-hearing-kogi-assembly-passes-2022-budget-of-n145-billion\/\">the State Assembly has passed the over N145 billion budget for the year 2022 into law.\u00a0<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino, serif; font-size: 12pt;\">The Lawmakers passed the budget on Thursday after the adoption of a Report of the Committee on Finance, Economic Planning and Budget Monitoring presented by its Chairman, Honourable Aderonke Aro, at the Committee of the whole house.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"&#8230;\u00a0 &nbsp; The Kogi State Government has gotten approval from the House of Assembly to take a loan&hellip;\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[34],"class_list":{"0":"post-2119","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"tag-kogi"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - 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