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Delta Assembly grants Okowa’s request for N4bn credit facility

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Court orders ex-Gov Okowa to account for over N200bn educational funds, allocations

Delta Assembly grants Okowa’s request for N4bn credit facility

Okowa

The Delta House of Assembly has granted Gov. Ifeanyi Okowa’s request for N4 billion bank facility to fund the proposed National Social Housing Programme in the state.

This followed the adoption of a motion by the Majority leader, Chief Ferguson Onwo and seconded by the Deputy Speaker, Mr Christopher Ochor at Tuesday’s plenary in Asaba.

 

 

 

The house also granted another request for a N1.2 billion loan from Globus Bank Limited to provide counterpart funding for 2022 Universal Basic Education Programme (UBEC) projects in the state.

This also followed the adoption of a motion by the Majority Leader and seconded by Mr Emeke Nwaobi (PDP-Aniocha North).

 

 

The governor had transmitted a letter to the House seeking approval for the N4 billion loan.

Okowa said that the loan which would be taken from Globus Bank Limited or any other financial institution, would be used for the construction of affordable homes across four locations in the state.

 

 

He said that the approval being sought was in fulfilment of one of the conditions for family homes funds limited to proceed with the construction of 779 affordable homes in the state.

Okowa said that the homes would be located in Kwale in Ndokwa East, Ekpan in Uvwie, Ibusa in Oshimili North and Owa-Ekei in Ika North East local government areas of the state by Family Homes Fund Limited (FHFL) under the proposed national social housing programme.

 

 

The governor said that the initiative was geared toward addressing the housing deficit as well as meeting the welfare needs of the people of the state.

Okowa said that the State Executive Council at its 10th meeting of Sept.15 considered and approved the N4 billion loan from Globus Bank Limited.

 

 

“This letter is to seek the authorization of the Honourable House for Delta government to accept the loan facility from Globus Bank Limited or any other financial institution and issue an appropriate Irrevocable Standing Payment

Order (ISPO) in favour of the accepting Bank to defray the loan,” he said.

 

 

Okowa also transmitted another letter seeking permission to take a N1.2 billion loan for counterpart funding of UBEC projects in the state.

”Considering the state’s limited cash-flow at the moment, vis-a-vis the current Monetary Policy Rates released by the Central Bank of Nigeria (CBN), it became necessary to seek a financial option that will ensure the state benefits from the UBEC grant by meeting its obligations at favourable terms and conditions.

 

 

 

”Incidentally, Globus Bank Limited has indicated interest in providing the state with the required fund, having submitted an offer letter reflecting terms considered favourable to the state, in light of the current economic realities.

”The loan would be paid back in 12 months.

 

 

”Sequel to the foregoing, the State Executive Council at its 10th meeting held on Sept. 15, 2022 considered and approved that the State government obtains N1.2 billion loan facility from Globus Bank Limited as counterpart fund matching grant for 2022 UBEC projects in the state,” he said.

Politics

Akande-Sadipe Emerges APC Candidate for Oluyole Federal Constituency Amid Failed Disruption Attempts*

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*Akande-Sadipe Emerges APC Candidate for Oluyole Federal Constituency Amid Failed Disruption Attempts*

 

The Member representing Oluyole Federal Constituency in the House of Representatives, Tolulope Akande-Sadipe, has emerged victorious in the All Progressives Congress (APC) primary election for Oluyole Federal Constituency.

 

The keenly contested primary, held under strict monitoring and in line with the party’s guidelines, witnessed a massive turnout of delegates and party faithful who reaffirmed their confidence in the leadership and representation of Akande-Sadipe.

 

Despite alleged attempts by opposition elements to disrupt the peaceful conduct of the exercise through acts capable of causing violence and tension, party members remained resolute and committed to democracy.

 

Security agencies and party officials acted swiftly to ensure orderliness, allowing the process to continue without intimidation.

 

Speaking after the declaration of results, Akande-Sadipe expressed gratitude to delegates, party leaders, and supporters across the constituency for their unwavering support and trust in her leadership.

 

She described the victory as a collective triumph for loyal party members and the people of Oluyole Federal Constituency.

 

“This victory belongs to the people of Oluyole who have continued to stand firmly for progress, continuity, and quality representation. I deeply appreciate the confidence reposed in me and assure our people that I will continue to work tirelessly for their welfare and development,” she said.

 

She also commended the leadership of the APC for ensuring a transparent and credible process while urging party members to remain united ahead of the general elections.

 

Akande-Sadipe reaffirmed her commitment to delivering impactful representation, empowerment programmes, infrastructural development, and people-oriented initiatives across Oluyole Federal Constituency.

 

E-signed:

 

Media Team

Office of Hon. Tolulope Akande-Sadipe.

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Celebrating Toks Wahab … Omoluabi Eko at 54

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Celebrating Toks Wahab … Omoluabi Eko at 54

 

 

As Tokunbo Wahab turns 54, it is only fitting to celebrate not just the years, but the man he has consistently shown himself to be—one defined by kindness, humility, and a genuine love for people.

 

Yes, he is the Honourable Commissioner for Environment and Water Resources, and by every standard, he has done extremely well. His work, impact, and dedication in that office are evident for all to see. But that is not even the thrust of this write-up.

 

This is about the person.

 

A proud son of Epe in Lagos, he carries his roots with dignity and grace, reflecting the values of his heritage in the way he lives and relates with people. TKW… Omoluabi Eko—a true embodiment of character, respect, and integrity.

 

He is a man who shows up. Always willing to assist, to help, to give—without hesitation and without noise. His generosity is quiet, yet deeply impactful. His kindness is not occasional; it is who he is.

 

Those who know him closely will tell you he is incredibly accommodating. Easy to approach, easy to speak with, and always ready to make others feel comfortable, heard, and valued. There is a simplicity about him that is rare—no airs, no distance—just a calm, grounded presence.

 

He gives without announcing it. He supports without seeking recognition. He blesses lives in ways that may never be seen publicly, yet remain unforgettable to those who experience his goodwill.

 

In a world where many complicate things, he remains refreshingly simple. In a space where recognition is often chased, he chooses quiet impact. And when others might turn away, he steps forward.

 

As he marks this new chapter, we celebrate not just his life, but we also pray that God grants him many more meaningful years—years of continued service, impact, and grace to keep uplifting his people.

 

Happy 54th Birthday.

 

— Gbenga Adeyinka 1st

GCON

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Politics

Bola Fisayo Emerged as APC flagbearer for Ondo EAST-WEST Federal Constituency.

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  Bola Fisayo Emerged as APC flagbearer for Ondo EAST-WEST Federal Constituency.

 

Otunba Bola Fisayo has been declared winner of APC primary election held across the 22 wards of the Federal Constituency.

Announcing the results, the returning office Dr. André Akuche declared Otunba Bola Fisayo the winner having scored a total vote of 12,783 votes, Otunba Ade Adeniyi scored a total vote of 3,128 coming second while Hon. Abiola Makinde scored a total vote of 1,052 and Dr. Michael Akintomide Ajilo scored a total vote of 1011.

The total valid vote cast was 17974

Dr. Jibayo Adeyeye one of the Aspirants had earlier withdrawn from the race.

Otunba Bola Fisayo appreciated the party members for the mandate given to him and assured the party that unprecedented and adequate representation will be guaranteed in the federal constituency.

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