The Ogun Assembly through a resolution on Friday gave approval to the state government to access a concessionary loan of N1.5billion from the Central Bank of Nigeria (CBN) for the Anchor Borrowers’ Programme with a single-digit interest rate.
Mr Yusuf Sheriff (APC–Ado Ota 1) , moved the motion for the approval of the loan seconded byMrs Sikiratu Ajibola (APM – Ipokia) supported by the whole House.
Opening debate on the resolution, Olakunle Sobukanla (APC – Ikenne) noted that it was important for the state government to participate in the CBN programme to access the fund.
Sobukanla said that the loan would greatly enhance the wealth creation and employment generation efforts for the teeming youth, building capacity, reduce crimes and generally improve the living conditions of the participants.
Mr Abayomi Fasuwa (APC -Ijebu North East), commended the state government for deeming it fit to participate in the CBN Anchor Borrowers Programmes.
Fasuwa noted that the programme would lead to upliftment of the agricultural sector in the state.
In his submission, Mr Oludaisi Elemide (APC – Odeda), noted that the programme would create employment for the youths, saying that it would earn the state good foreign exchange.
Elemide explained that the pursuit of Gov. Dapo Abiodun’s administration was to ensure sustainable economic development and individual prosperity of the citizenry with emphasis on boosting production and optimisation of the value .
Other members of the assembly who spoke supported the approval of the loan.
OgunToday reports that Mr Olakunle Oluomo, the Speaker, had on September 16 read the letter of the governor during plenary seeking approval to access a concessionary loan of N1.5billion from the Central Bank of Nigeria (CBN) for the Anchor Borrowers’ Programme.
You’ve made some really good points there.
I looked on the internet for additional information about
the issue and found most individuals will go along with your views on this site.
Greetings from Carolina! I’m bored to death at work so I decided
to browse your site on my iphone during lunch break.
I enjoy the knowledge you present here and can’t wait to take a look when I get home.
I’m shocked at how quick your blog loaded on my phone .. I’m not even using WIFI, just 3G ..
Anyhow, great blog! I have been browsing on-line
more than three hours as of late, yet I by no means discovered any fascinating article like yours.
It’s pretty worth sufficient for me. In my opinion, if all
web owners and bloggers made just right content material as you probably did, the internet
will be much more helpful than ever before. http://Nissan.com/
Ahaa, its pleasant conversation concerning this piece of writing at this place
at
this website https://www.reiva.us
I?ve been browsing online more than 3 hours today, yet I never found any interesting article like yours.
It is pretty
worth enough for me. In my view,
if all site owners and bloggers
made good content as you did, the net will be a lot more useful than ever before. https://actionmobile.ca