From Emmanuel Uzor, Abakaliki

EBONYI State House of Assembly has given Gov­ernor David Umahi the nod to access another N14.16 billion bailout from the Federal Govern­ment.

Governor Umahi, in a letter to the House, ex­plained that the Federal Government, through the Minister of Finance, Mrs. Kemi Adeosun, of­fered the state the fund as a conditional bud­get support facility. House Leader, Joseph Nwaobasi read the letter on the floor of the House on Tuesday.

He disclosed that gover­nor Umahi, in the corre­spondence, noted that the offer, if accessed, would help cushion financial challenges facing his ad­ministration.

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Nwaobasi also ex­plained that the state executive council had considered the offer and given their support for which reason he brought it to the House for ap­proval.

He moved a motion urging members to sup­port the governor’s re­quest as the facility came at the right time when the country was faced with economic hardship.

Seconding the motion, Deputy Speaker, Odefa Obasi Odefa urged his col­leagues to give their sup­port to the governor given the numerous projects the governor was handling across the state, adding that the N14.16 billion fa­cility was going to help in no small measure.

Speaker Francis Nwif­uru, after listening to members’ contributions thanked the Federal Gov­ernment for giving such support to states in the face of the present eco­nomic predicament, and said the facility will cush­ion financial challenges facing most states of the Federation.