“On the Bridging Finance, as at today, we have only been able to access N30 billion of it and we have deployed it into various projects.
“On the level of work at the Stephen Keshi Stadium, the governor said he was impressed with the pace of work and called on the contracting firm to redouble efforts so as to complete the various projects before November 24.
“We were also at the stadium and a lot of work is going on there. They have reassured me that they would be out of that place by the 24th of November.
“And I pray that they are able to do that because the games would start on the 30th of November. We are able to see the main bowl and the tracks that are being replaced.
“You also noticed that the swimming pools, the main one and the warm up one have gone very far.
“There is also additional spectators stand which I am told will be ready in another week from today.
According to report the house on April 26, approved Okowa’s request.
Okowa said: ”the requested credit facility which has Zenith Bank PLC as the lead arranger, would be principally tailored toward defraying arrears of unpaid certificates earned by contractors with respect to completion of some critical ongoing legacy projects awarded by past and present administrations in the state.
The governor also said that part of the loan would be tailored toward taking care of outstanding pension commitments to the state and local government areas pensions in the contributory pension scheme, amounting to N20 billion and N10 billion respectively.
”Bearing in mind the administration’s resolve to finish strong, it is necessary for the state to capitalise on the refund to defray arrears of unpaid certificates earned by contractors with respect to completion of some critical ongoing legacy projects awarded by past and present administrations” the governor said.