THE Delta State House of Assembly has approved the request of Governor Ifeanyi Okowa for an upward review in the contract sum for a new Central Secretariat Complex to N2.2 billion.
The governor’s request was contained in a letter sent to the House and read by the Speaker, Sheriff Oborevwori, at Wednesday’s plenary.
According to the letter, the state executive council had approved the upward review. He said due to the urgency in bringing all Ministries, Departments and Agencies MDAs under one roof to reduce the cost of governance, it became necessary to complete the project in time by ensuring adequate funding, bearing in mind its importance as one of the flagship projects of the present administration.
The governor noted that the state executive council, at its May 21 meeting, considered and approved the term loan financing of the upward review to N2.2 billion.
The Deputy Speaker, Ochor Ochor, moved separate motions for the House to receive the letter for further consideration and approve it. It was seconded by Emeka Nwaobi and Reuben Izeze.
The House also approved another request from Okowa for a discount of the Federal Government Promissory Note issued by the Debt Management Office (DMO) to settle debts for works executed on Federal roads in the state.
Okowa said the State Executive Council, at its May 21 meeting, approved the discount of the federal government promissory note of N34,430,396,876 only by the Central Bank of Nigeria (CBN) at a discount rate of nine per cent per annum.
He added that the council also approved the payment of consultancy fee of N1,128,807,251.28 to the Nigeria Governor’s Forum (NGF) consultant, GSCL Consulting.
Ochor moved separate motions for the House to receive and approve the request. It was seconded by Oboro Preyor and Tim Owhefere.