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    MarketForces Africa » MarketForces News » Edo Assembly Approves N100bn Loan for Okpebholo’s Infrastructure Projects

    Edo Assembly Approves N100bn Loan for Okpebholo’s Infrastructure Projects

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 24, 2025 News No Comments1 Min Read
    Edo Assembly Approves N100bn Loan for Okpebholo's Infrastructure Projects
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    Edo Assembly Approves N100bn Loan for Okpebholo’s Infrastructure Projects

    The Edo House of Assembly has approved a N100 billion loan for Governor Monday Okpebholo to carry out infrastructural development across the state. The loan facility is to be sourced from First Bank Nigeria Plc and will support contractors’ financing for various infrastructure projects in Edo.

    The lawmakers unanimously supported the request, stating that it will help complete all ongoing infrastructure projects in the state. The House Speaker, Blessing Agbebaku, directed the Clerk to forward clean copies of the resolution approving the request to the governor for immediate implementation.

    This development comes as the House also passed a bill establishing St. Matthew Royal College of Nursing Science, Edenu-Irrua. The loan approval is expected to boost infrastructure development in the state and improve the quality of life for its residents. #Edo Assembly Approves N100bn Loan for Okpebholo’s Infrastructure Projects#

    Fitch Affirms InfraCredit’s Insurer Financial Strength Rating at BB-

    Edo State Okpebholo
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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