Wednesday, June 7
Photos: Vice president, Yemi Osinbajo seeks NASS approval for $1.49bn loan for 10 states
Vice President, Yemi Osinbajo has written to the National Assembly seeking approval for foreign loan requests of about $1.49 billion to ten states of the federation for crucial infrastructural projects.
The letters were read by the Senate President Bukola Saraki and Speaker of the House of Representatives at Tuesday's plenary.
The ten states seeking for the loan include Ogun, Ebonyi, Kaduna, Kano, Abia, Katsina, Jigawa, Enugu, Plateau and Ondo states. According to the state governors, the loan would be used in the
provision of water, health, agriculture and infrastructural development.
Osinbajo's letter states that the funding is to be sourced from the African Development Bank, French Development Agency, World Bank and slamic Development Bank at low interest rates hence the request for approval to enable the ten states to seek for external financing of the critical projects.
Photo credit: Sumner Shagari Sambo
Popular Tags:
Latest-News
Subscribe to:
Post Comments
(
Atom
)
Trending News
-
A ‘suya’ meat seller in Enugu State was weekend nabbed while reportedly stealing meat from a butcher’s shed at the popular Ogbete main mar...
-
Father Chibuike Okpala Fears has been spread in the streets of kubwa village in Abuja, as a priest was found half dead in the early morn...
-
The school children were caught dancing provocatively while twerking Many people have reacted angrily after school chidren were caught o...
-
On Wednesday , dozens of people took over the streets of Venezuelan capital in Caracas calling for the government of President Nicholas ...
-
A very gigantic snake that was suspected to have eaten a calf, has been killed by some locals. The locals were amazed to find out that t...
-
24 year-old Anastasia Deeva appointed as Deputy Minister on European integration of Internal Affairs of Ukraine A newly appointed 24-...
-
This woman who was reportedly intoxicated with drugs and alcohol, have been captured on camera in the streets of New York, twerking n*ked ...
-
Blac Chyna posted her bathroom selfie flaunting her figure on her instagram page and just an hour later, her baby daddy's ne...
-
Did you know that if you’re using tobacco, you may develop this kind of cancer? This cancer may also trigger when your family has a histor...
-
West African countries' leaders are in Niamey, Niger Republic, for talks on the proposed single currency for the Economic Community of...
No comments :
Post a Comment