General

Rivers Executive Council approves access to N15 billion CBN Infrastructure Fund

 

The three major projects are the Oyigbo -Okoloma Road; Chokocho-Igbodo Road and construction of the 10th flyover by Governor, NYESOM WIKE’s administration at Rumuokwurushi-Elimgbu.

 

Briefing newsmen at the Government House, Port Harcourt after the Executive Council meeting yesterday, the Commissioner for Finance, Isaac Kamalu said the State government felt that one way it could fast track the completion of these projects will be to access the CBN Infrastructure Fund, considering that the facility has a very low interest rate of 5 percent.

 

Kamalu expressed optimism that the money will be a very good support to ensure that these projects are delivered on time and serve the interest of the State.

 

 

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