FG disburses N100bn loan to indigenous pharmaceutical manufacturers
By Ismaila Chafe The Federal Government has disbursed N100 billion to indigenous pharmaceutical manufacturers and healthcare investors as loans to expand their capital base, boost local production of medicines and…
Okowa: N150bn bridging finance not loan; says I have not endorsed any candidate
May 6, 2022 Governor Ifeanyi Okowa of Delta has explained that the N150 billion “Bridging Finance” facility was not a fresh loan but an advance from the N270 billion owed…
N150bn bridging finance facility not a loan – Delta Govt explains
April 28, 2022 Delta State Government has said it was seeking N150billion bridging finance facility to pay for the completion of some critical on-going legacy projects awarded by past and…
Kebbi secures N1.7bn loan to boost livestock, dairy production – Bagudu
July 9, 2021 Gov. Atiku Bagudu of Kebbi State on Friday disclosed that the state government had secured a N1.7 billion bank loan to boost livestock production and dairy farming…
Infrastructure: Wike seeks Assembly’s approval for N18bn loan
Gov. Nyesom Wike of Rivers State has requested for consent of the State House of Assembly to borrow N18bn from Access Bank for the construction of a flyover and two…
I did not take loan from China; Ministry of Finance did – Amaechi
Minister of Transportation, Rotimi Amaechi, says neither him nor his ministry ever signed a loan agreement with China, adding that the Ministry of Finance did on behalf of Nigeria. “The…
Loan: China will help Nigeria fail then target NLNG – Ononuju
Amid a national outrage over a $400 million ICT infrastructure loan from China, Dr Kachi Ononuju, an Economist and Public Affairs analyst has raised the alarm that China was targeting…
Minister justifies waiving Sovereignty for $400m China ICT loan
Minister of Transportation, Mr. Rotimi Amaechi, has justified waiving of Nigeria’s sovereignty for the $400 million China loan for the Nigeria National Information and Communications Technology (ICT) Infrastructure Backbone Phase…
$29.96bn loan: Nigeria needs it but FG should give more details – Ex CIBN scribe
Dr Uju Ogubunka, an economic expert has urged the Federal Government to educate Nigerians on the importance of the proposed 29.96 billion dollars foreign loan towards boosting the economy. Ogubunka,…
Ekeh, Zinox boss, fights poverty in Imo State with N1.5bn Fund
Chairman, Zinox Group, Leo Stan Ekeh has declared a three-year interest free loan of N1b to petty traders and small and medium businesses in Imo State. Ekeh, a native of…