Why we approved N25bn loan for Dickson – Bayelsa lawmaker

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A female member of the Bayelsa State House of Assembly, Hon. Koku Obiyai has explained the reasons for the N25 billion loan approval that was given to the State Governor, Hon. Seriake Dickson to complete ongoing projects in the State.
The lawmaker said that although the timing of the Governor’s request and the approval may have been misconstrued by the opposition and unrepentant critics of the present administration, the decision of the State House of Assembly to approve the loan request was based on the evident need to complete the numerous projects under the administration for the benefit of the people of the State.
Obiyai who is a member representing Yenagoa Constituency 2 and former Chairperson of the Nigeria Labour Congress (NLC), said the request and approval followed due process.
“We gave the approval based on the evidence that it will be judiciously used. This is a government that has never gone for a loan. There was a government before now that went for over N600 billion loan and there was nothing to show for it.
“But after an analysis of what the Dickson’s administration intend to do with the loan, we approved such amount. That was the modest we could approve. It may not be able to finish the projects, but it will go a long way.”
On the rising criticism by some politicians within the ranks of the State chapter of the All Progressive Congress (APC) over the delayed implementation of the promotions and payment of gratuity to workers in the State, Obiyai dismissed the critism as misplaced and cheap propaganda.
Obiyai, who heads the House Committee on Public Service and Establishments, said that although the opposition agreed that the present administration did well in the area of prompt payment of workers salary, the huge debts incurred by the past administrations in the State …Read More

Source:: New Mail