Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Court Documents Reveal How Truck Driver, Foreign Nationals Defraud Dangote Of Billions
    • Coalition Wobbles: ADC Faces Uncertainty Without Atiku, Obi’s Commitment
    • Nigeria: Why Brazil. Yes, Brazil – By Sunday Dare
    • Who Spoke, Who Stayed Silent?: 48 Reps, 5 Senators Recorded Zero Contributions In One Year, Report Reveals
    • ‘Kauyawa’ And ‘Ajo’ Wedding Parties Now Forbidden’, Taraba Muslim Leaders Announce Ban
    • Nigerian Air Force Kills 35 ISWAP Fighters In Precision Strikes Near Cameroon Border
    • Obasanjo, Malema, Over 20,000 Lawyers Converge On Enugu For 2025 NBA Conference
    • Nigeria Is Full Of Single Girls – By Funke Egbemode
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    UBA 720X90
    • HOME
    • NEWS

      Court Documents Reveal How Truck Driver, Foreign Nationals Defraud Dangote Of Billions

      August 24, 2025

      Coalition Wobbles: ADC Faces Uncertainty Without Atiku, Obi’s Commitment

      August 24, 2025

      Who Spoke, Who Stayed Silent?: 48 Reps, 5 Senators Recorded Zero Contributions In One Year, Report Reveals

      August 24, 2025

      ‘Kauyawa’ And ‘Ajo’ Wedding Parties Now Forbidden’, Taraba Muslim Leaders Announce Ban

      August 24, 2025

      Nigerian Air Force Kills 35 ISWAP Fighters In Precision Strikes Near Cameroon Border

      August 24, 2025
    • COLUMN

      Nigeria Is Full Of Single Girls – By Funke Egbemode

      August 24, 2025

      Bye Elections And The Reality Check – By Jonathan Nda-Isaiah

      August 23, 2025

      Putin As The President’s Medicine – By Azu Ishiekwene

      August 22, 2025

      AI As The New Indolence, That Netanyahu Call, Salah’s Tweet And Our Kwam Mentality (1) – By Dr Hassan Gimba

      August 18, 2025

      From KWAM 1 To KWAM 2: How Not To Run A Nation – By Kazeem Akintunde

      August 18, 2025
    • EDUCATION

      FG Names Prof. Adamu Acting Vice-Chancellor To Steer UniAbuja For Three Months

      August 9, 2025

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024
    • INTERNATIONAL

      Israeli Attacks Kill 63 As Troops Push Deeper Into Gaza City

      August 24, 2025

      Russia Claims More Ukraine Land As Hopes For Peace Agreement Fade

      August 24, 2025

      Dutch Prime Minister, Cabinet Members Resign Over EU’s Refusal To Sanction Israel On Gaza Genocide

      August 23, 2025

      Tension As North Korea Accuses South Korean Troops Of Firing Warning Shots Near Border

      August 23, 2025

      Israeli’s Netanyahu Approves Gaza City Seizure Despite Ceasefire Talks

      August 22, 2025
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024

      Finally, Wike Opens Up On Rift With Peter Odili

      April 2, 2024

      El-Rufa’i’s Debt Burden: APC Suspends Women Leader For Criticising Kaduna Gov

      March 31, 2024
    • SPORTS

      Super Eagles Striker, Victor Boniface’s AC Milan Transfer Stalls Over Fresh Knee Injury Concerns

      August 24, 2025

      Tottenham Emerge Favourites As Five English Clubs Chase Nigeria’s Forward, Ademola Lookman

      August 24, 2025

      Osimhen, Ndidi, Iwobi Return As Coach Chelle Names Squad For Crucial World Cup Qualifiers

      August 23, 2025

      Taribo West Slams NFF, Lagos FA For Abandoning Late Goalkeeper Peter Rufai’s Family

      August 23, 2025

      Former Super Eagles Forward, Brown Ideye Retires From Football At 36

      August 22, 2025
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    UBA 720X90
    Home - Okowa Denies Taking Fresh N120bn Loan

    Okowa Denies Taking Fresh N120bn Loan

    By Millie Egbule Port HarcourtJanuary 30, 2023
    0000000000000000000000000000000000000000000

    GOVERNOR Ifeanyi Okowa of Delta State on Monday cleared the air over a N120 billion recently approved by the State House of Assembly, saying it was not a fresh loan.

    The All Progressives Congress had accused Governor Okowa of seeking the state Assembly’s approval to borrow another loan hence plunging the state into debt.

    Okowa who spoke through the State Commissioner for Finance, Mr Fidelis Tilije, on Monday, denied the claim.

    TAZKIYAH UNIVERSITY

    Tilije said, “We are beginning to see misconception regarding the N120 billion loan, especially from the APC.

    “The APC is painting a lie as if it is the truth and fueling misconception over the loan. Let us state it clearly, it is not a fresh loan, it is the same N100 billion that we sought before.

    UBA

    “We sought for N150 billion discounting facility, later brought down to N100 billion. Remember we sent the approval to the House of Assembly but the agent (bank) was not fast to grant access.

    “So, we went back to the Assembly for a change of agent. It is not a new bridging finance or discounting facility, it is only a change of bank that we did. Because we wanted transparency, we went back to the House.

    Happy Birthday

    “We went back to the House because we are changing the agent. The APC should stop its misconception.”

    Tilije noted that N80 billion had been accessed out of the N100 billion discounting facility.

    Nigerian TAX Reform - Federal Goverment

    On the N20 billion, the Finance Commissioner said the money would be used for gas plant project in Warri.

    In his remark, the State Commissioner for Information, Mr Charles Aniagwu, added that the proposed gas plant in Delta would not only boost the state economy but also create employment for the people.

    National Orientation Agency - Down

    National Orientation Agency Page UP
    Delta Loan Okowa
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    Police Rescue Kidnap Victim, Arrest Eight Suspects In Delta, Kaduna

    August 18, 2025

    NELFUND Disburses ₦86.3bn Loans To 450,000 Students In 17 Months

    August 11, 2025

    Zamfara Government Refutes Claim Of Receiving ₦34 Billion Loan

    June 24, 2025

    Police Kill Seven Kidnappers, Arrest Five Suspects In Delta, Kaduna

    June 10, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    Court Documents Reveal How Truck Driver, Foreign Nationals Defraud Dangote Of Billions

    August 24, 2025

    Coalition Wobbles: ADC Faces Uncertainty Without Atiku, Obi’s Commitment

    August 24, 2025

    Nigeria: Why Brazil. Yes, Brazil – By Sunday Dare

    August 24, 2025

    Who Spoke, Who Stayed Silent?: 48 Reps, 5 Senators Recorded Zero Contributions In One Year, Report Reveals

    August 24, 2025

    ‘Kauyawa’ And ‘Ajo’ Wedding Parties Now Forbidden’, Taraba Muslim Leaders Announce Ban

    August 24, 2025
    Advertisement
    WIDGET ADS
    News Point NG
    © 2025 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp