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Tag: Loan

Ayade To Secure N5 Billion Loan, CR House Of Assembly Agrees

Posted on July 9, 2019 By Admin 1 Comment on Ayade To Secure N5 Billion Loan, CR House Of Assembly Agrees

The Cross River State House of Assembly has granted approval to state governor, Ben Ayade, to a N5 billion loan facility from First Bank of Nigeria, with an eighteen percent interest rate, payable over a 24 month period, to help the governor offset unpaid pensions and fix “other unforseen obligations of government”. A letter from…

Read More “Ayade To Secure N5 Billion Loan, CR House Of Assembly Agrees” »

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