Get it on Google Play

Osinbajo Seeks Senate Approval For $1.5bn Loan

Updated Thursday 8 June 2017 12:30
Osinbajo Seeks Senate Approval For $1.5bn Loan
In a letter addressed to the Senate titled,  ‘Re-Federal Executive Council approval of the 2016 – 2018 external borrowing (rolling) plan’, which was read by the Senate President Senator Bukola Saraki on the floor of the Red Chamber yesterday,The acting president listed the states to include Kaduna state for Development  Policy  Operationwhich is seeking $350m from World Bank; Ogun State Development Policy Operation, $350m from World Bank; Ebonyi Ring Road Project $70m from African Development Bank and  Rural Access and Mobility Project (RAMP), Abia state from African Development Bank.

Did you know? You can comment on this post! Just scroll down

Others are Health System Project, Katsina, $100m from Islamic Development Bank; Integrated Rural Development Project, Jigawa State from Islamic Development Bank; Ring Road Project, Ebonyi State from Islamic Development Bank and Integrated Agricultural and Water Resources Development, Kano State, $200m from IDB.

The request also showed that four states, namely Enugu, Kano, Plateau and Ondo, are seeking $200m from the French Development Agency for third National Urban Water Sector Reform (NUWSRP-III) .
Osinbajo said the request for the separation of the states projects from the list became imperative in view of the current economic realities in the country.

Article Posted 6 Years ago. You can post your own articles and it will be published for free. No Registration is required! But we review before publishing! Click here to get started

Love This? Share It!

One Favour Please! Subscribe To Our YouTube Channel!

468k

Cook Amazing Nigerian Dishes, Follow Adorable Kitchen YouTube Channel!

1.1m

Like us on Facebook, Follow on Twitter

React and Comment

Click Here To Hide More Posts Like This

Watch and Download Free Mobile Movies, Read entertainment news and reports, Download music and Upload your own For FREE. Submit Your Content to be published for you FREE! We thrive on user-submitted content! But we moderate!

Get it on Google Play
Attention
We use cookies to serve you better. We have to let you know this in accordance with EU laws. You accept our terms and conditions by using this platform. Please Click on the OK button below to hide this message