Oyo State Assembly approves N10B loan for Governor Makinde's World Bank-assisted projects.
Oyo State House of Assembly granted Governor Seyi Makinde's request to access a N10 billion loan for counterpart funding of World Bank-assisted projects/UBEC-SUBEB matching grants. The loan, secured from Fidelity Bank, is repayable within 30 months. The World Bank projects aim to improve the welfare of Oyo state residents. Some lawmakers expressed concerns about the country's economy during their deliberations.
May 21, 2024
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