News Column

Airport Project - Dickson Seeks Approval for N40 Billion Loan

July 10, 2014

Osa Okhomina

The Bayelsa State governor, Hon Seriake Dickson, yesterday sent a letter to the State House of Assembly requesting for approval on the proposed N40billion loan from commercial banks to finance the completion of the ongoing cargo airport project located near Amassoma community in Southern Ijaw local government area of the state.

In the letter, Governor Dickson asked for the Assembly's approval for the state government to stand as a guarantor to enable the Bayelsa Airlines to secure the loan.

He said the proposed project was designed for the largest cargo and commercial aircraft to land.

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Source: AllAfrica

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