Assembly To Investigate Use Of N1.5bn CBN Loan To Anambra
The Anambra State House of Assembly has expressed disapproval over the use of N1.5billion loan given to the state for agriculture by the Central Bank of Nigeria (CBN).Jamb Result
The Assembly Committee on Economic Planning, Sustainable Development Goals and Donor Agencies, led by Hon Ebele Ejiofor, disclosed that the state government under the leadership of Governor Willie Obiano applied and secured the loan for the purpose of fish and rice farming across the state.
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As reported by INDEPENDENT, the committee expressed disappointment over the poor level of work done by contractors handling the construction of the 600 fishponds, hostel blocks, and farmhouses in Aguleri and Adazi Nnukwu communities of the state.
As a result, Anambra State Commissioner for Agriculture, Mr Nnamdi Onukwuba might be invited to the House to explain how the ministry spent the loan received in 2020.
According to INDEPENDENT, the lawmakers have threatened to call for the revocation of the contracts due to the slow pace and quality of work done in Aguleri and Adazi Nnukwu communities.
INDEPENDENT reports that the contracts were awarded through the state Ministry of Agriculture for the construction of 300 fishponds in Aguleri, Anambra East Local Government Area to the tune of N75.2 million and 300 fishponds in Adazi Nnukwu in Anaocha Local Government Area for the same amount.Information Guide Nigeria