Ogun assembly okays N109.3b debt restructuring

By Ernest Nwokolo, Abeokuta

Ogun State House of Assembly has granted Governor Dapo Abiodun’s request to restructure and refinance the various loans in the debt stock of the state, aggregating to N109,324,383,720 billion, incurred by his predecessor, Senator Ibikunle Amosun, between 2015 and 2017.

Abiodun, in making the request, said it would provide financial relief to the state in managing…

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