The Edo State House of Assembly, on Tuesday, June 25,
2025, approved a N100 billion loan for Governor Monday Okpebholo to carry out
‘infrastructural development’ across the state.
The approval followed Monday’s letter, addressed to
the Speaker, Blessing Agbebaku.
The letter, signed by the Secretary to the State
Government, Umar Ikhilor, stated that the contractual loan facility would be
sourced from the First Bank Nigeria Plc.
The letter, titled “Request for Legislative Approval
of N100 billion”, explained that the loan would support contractors’ financing
for infrastructural projects in various parts of Edo.
At the Committee of the Whole, the lawmakers
unanimously supported the N100 billion request, saying that it would help
complete all ongoing infrastructure projects in the state.
The speaker directed the Clerk, Yahaya Omognai, to
forward clean copies of the resolution approving the request to the governor
for immediate implementation.
The House also passed a bill establishing St. Matthew
Royal College of Nursing Science, Edenu-Irrua.
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