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Enugu Assembly approves N801m debt for infrastructure

By Lawrence Njoku, Enugu
01 March 2018   |   2:33 am
The Enugu State House of Assembly, on Tuesday, approved a request by Governor Ifeanyi Ugwuanyi, to borrow N801.04 million, from the Nigerian Infrastructure Bank.The money, when secured, would enable the state government carry out more development projects, especially in the rural communities.

Ifeanyi Ugwuanyi

The Enugu State House of Assembly, on Tuesday, approved a request by Governor Ifeanyi Ugwuanyi, to borrow N801.04 million, from the Nigerian Infrastructure Bank.The money, when secured, would enable the state government carry out more development projects, especially in the rural communities.

Leader of the State House of Assembly, Ikechukwu Ezeugwu, while presenting the request by the Governor implored his colleagues to approve the loan to enable the executive carry on with different infrastructure development projects ongoing in various parts of the state.

He said that the importance of the loan would not be overemphasised because it would bring a lot of development to the state.The Deputy Speaker, Donatus Uzogbado, in supporting the motion said that the loan would bring more developments to the state when accessed.

Uzogbado described the governor as a good manager of resources, saying he would utilise the loan properly to the betterment of all.“This is a governor you can trust in managing resources. The driver, Ugwuanyi, is a financial guru who knows what to do to move the state forward,” Uzogbado praises the governor.

Meanwhile, the House of Assembly has set up a six-man committee to look into allegations of extortion at the Institute of Management and Technology (IMT) Enugu, in which first year students are forced to pay accommodation fee of N40,000 whether offered hostel accommodation or not.

Speaker of the House, Edward Ubosi, was forced to constitute the committee, following the non-acceptance of the report presented by the committee headed by House Committee Chairman on Education, Matthew Ugwueze, earlier set up to look into the saga.

The adhoc committee, which is to be headed by Chinedu Nwamba, representing Nsukka East, was given three weeks to look into the matter and report back to the House.The IMT seemed to be imbued in crisis, as it cannot access ETF financing because of its failure to complete projects awarded by the Fund.Two house members, Matthias Ekweremadu and Emeka Ogbuabor, representing Aninri and Isi-Uzo constituencies respectively, had spoken against the report presented by Ugwueze that did not indict any of the authorities in the institution nor the consultant handling the ICT- the Blue Tag Technology.

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