The Edo State Government has said that it is servicing a monthly Irrevocable Standing Payment Order of N385 million for the Radisson Hotel project.
Kassim Afegbua, the commissioner for information and strategy, disclosed this on Sunday in Benin.
Mr Afegbua said the obligation stems from a N25 billion capital market facility secured by the previous administration of Godwin Obaseki.
He noted that the liability has prompted a comprehensive review of the transaction and its…
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