Rivers wike receives approval fresh n9bn loan

It seems like you're referring to a news article about Rivers State Governor, Nyesom Wike, receiving approval for a fresh N9 billion loan.

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Rivers State Governor, Nyesom Wike, has received approval for a fresh loan of N9 billion from the State's House of Assembly. The loan is aimed at financing various projects in the state, including infrastructure development, healthcare, and education. The approval was given after a thorough scrutiny of the loan request by the State's House of Assembly Committee on Finance and Appropriation.

The loan is expected to be repaid within a specified period, and the State Government has assured that the funds will be used judiciously to benefit the people of Rivers State. The approval of the loan is seen as a major boost to the State's economy, as it will enable the government to undertake more projects and create jobs for the people.

It's worth noting that the approval of the loan is subject to certain conditions, including the submission of a detailed plan for the utilization of the funds and regular reporting to the State's House of Assembly on the progress of the projects.

Overall, the approval of the N9 billion loan is seen as a positive development for Rivers State, as it will enable the government to undertake more projects and improve the lives of the people.