Akwa Ibom Govt Commends FG Over Loan Offer

The Akwa Ibom State government will access the N90 billion budget support loan by the federal government to support the implementation of its development programmes, Commissioner for Finance, Akan Okon has said.

Speaking to journalists in Uyo on Saturday, the Commissioner lauded the federal government for the offer which he described as a good policy that will help states to deal with the current economic crisis.

According to him, the Udom Emmanuel administration has initiated numerous projects and will certainly need the loan to ensure effective funding.

Mr Okon also said that the state government has taken concrete steps to improve the state’s Internally Generated Revenue (IGR).

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Akwa Ibom, fg, Loan, nigeria

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