Delta Assembly approves another N25bn loan for Okowa less than a year to end of his tenure

Delta State House of Assembly, has approved another N25 billion loan for the State Governor, Ifeanyi Okowa less than a year to the end of his tenure.

The new loan approval is coming barely 49 days after the Hon. Sheriff Oborevwori-led Assembly approved for the Executive a controversial N150 billion, bridging finance facility.

According to the Assembly, the loan was to be borrowed from First Continental Monument Bank.

The Legislature was said to have granted the loan to enable the State Executive invest into palm plantation.