The Delta State Government says it is not seeking a new N100 billion loan, describing reports about such claims as misinformation.
The Commissioner for Finance, Fidelis Tilije, in a statement on Monday, explained that the state government had previously received approval from the House of Assembly to obtain N150 billion in bridging finance.
He added that the fund was later reduced to N100 billion after discussions with finance houses involved.
The Delta government has stated that it is not seeking a new N100 billion loan, contradicting misinformation spread by certain news outlets. pic.twitter.com/NONz5Ybmzn
— Delta State Government (@DSGovernment) January 30, 2023
