The SEC, at its meeting presided over by Governor Nyesom Wike at Government House, Port Harcourt on Thursday, also approved the sum of N8.2bn for the construction of the 10th flyover in the state.
The Commissioner for Finance, Isaac Kamalu, while addressing newsmen after the meeting, noted that the CBN established the fund in the wake of the COVID-19 pandemic to cushion its impact on both the national and subnational economies. “The N2.5bn is structured into two components. N2bn will be for healthcare infrastructure support and N500m as revolving credit for medical consumables,” he said.
According to him, the state government intends to use the fund to establish a world-class Radiotherapy Centre and Department at the Dr Peter Odili Cancer and Cardiovascular Treatment and Diagnostic Centre in Port Harcourt. He said part of the cash would be channeled towards the upgrading of healthcare facilities at the Prof. Kesley Harrison Hospital and the Dental and Maxillofacial Hospital in Port Harcourt.
Can some of these flyovers be 'monetized' & shared the weak & vulnerable? 😄😅
Weak eeeeee
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