By Asuquo Edem The Akwa Ibom State House of Assembly has passed a resolution for Ibom Air to access neccesary funds for operation to remain in business. The resolution came from a letter from the State Governor Pastor Umo Eno to the Speaker with details GHU/ AKS/S/104/S.4/ Vol.1/5 titled "Re: Resolution of the Akwa Ibom State House of Assembly on the Provision of Irrevocable Standing Order (ISPO) for up to N30,000,000,000.00 (Thirty Billion Naira) Bond Issuance Under the N200,000,000,000.00 (Two Hundred Billion Naira) Bond Issuance Programme by IAL Financing SPV PLC (Sponsored by Ibom Airlines Limited)." In his contributions to the letter of request, the Deputy Speaker, Rt. Hon Kufreabasi Edidem while decrying the travails of businesses with high interest rates from commercial banks noted that the approach of the governor for the airline showed clear ingenuity and encouraged his colleagues to support the cause to purchase the bond from the market. He stated that it would
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