$4.9bn Loan: Presidency Lists Projects, Beneficiaries

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The presidency has disclosed that a total of 15 projects, spread across the six geo-political zones of the country, are to be financed with more than $4 The presidency has disclosed that a total of 15 projects, spread across the six geo-political zones of the country, are to be financed with more than $4 billion from

Other projects to be financed by the World Bank are, the State Fiscal, Transparency, Accountability and Sustainability Programme for Results as well as the Agro-Processing, Productivity, Enhancement and Livelihood Improvement Support Project.

Similarly, the World Bank is also financing the Nigeria Sustainable Water Supply, Sanitation and Hygiene project in Delta, Ekiti, Gombe, Kaduna, Katsina, Imo and Plateau States, for the next five years. The project, which has an implementation period of 5 years, will respond to threats posed by COVID-19 through the procurement of vaccines.

The World Bank is also funding the Livestock Productivity and Resilience project in no fewer than 19 States and the Federal Capital Territory . The loan facility to be provided by European ECA/KfW/IPEX/APC will be spent on the construction of the Standard Gauge Rail linking Nigeria with Niger Republic from Kano-Katsina-Daura-Jibiya-Maradi with branch to Dutse.

 

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FG to spend $4.9bn fresh loans on Kano-Niger Republic rail line, othersA standard gauge rail being planned from Kano State in Nigeria to Maradi in Niger Republic is one of the projects the President, Major General Muhammadu Buhari (retd.), plans to fund with the fresh external loans he is asking the National Assembly to approve for his regime, The PUNCH has learnt. Bury our Commonwealth into fairytale projects. Keep it on. Does it mean that south east dont need railway transportation? As in ...I’m just wondering if this man truly knows what’s going on presently in this country ... you’re still taking loans on useless projects in north ....How I wish God can just help immidiately 😞
Source: MobilePunch - 🏆 8. / 63 Read more »

$4.9bn fresh loans: Buhari, Osinbajo zones get highest project allocations - Punch NewspapersThe most widely read newspaper in Nigeria Beautiful another cash out That's how they roll. Yorulani union of shameless almajiris. They keep borrowing without a repayment plan&when you as them to goforoduduwa or EndNigeriaNow, they develop high BP. Folks lyk DejiAdesogan, Eniel192,trolls_queen, ogundamisi etc are paid to defend idiocy. Yahoo yahoo government.. there generation will suffer it.
Source: MobilePunch - 🏆 8. / 63 Read more »

$4.9bn fresh loans: Buhari, Osinbajo zones get highest project allocations - Punch NewspapersThe most widely read newspaper in Nigeria Beautiful another cash out That's how they roll. Yorulani union of shameless almajiris. They keep borrowing without a repayment plan&when you as them to goforoduduwa or EndNigeriaNow, they develop high BP. Folks lyk DejiAdesogan, Eniel192,trolls_queen, ogundamisi etc are paid to defend idiocy. Yahoo yahoo government.. there generation will suffer it.
Source: MobilePunch - 🏆 8. / 63 Read more »

FG to spend $4.9bn fresh loans on Kano-Niger Republic rail line, othersA standard gauge rail being planned from Kano State in Nigeria to Maradi in Niger Republic is one of the projects the President, Major General Muhammadu Buhari (retd.), plans to fund with the fresh external loans he is asking the National Assembly to approve for his regime, The PUNCH has learnt. Bury our Commonwealth into fairytale projects. Keep it on. Does it mean that south east dont need railway transportation? As in ...I’m just wondering if this man truly knows what’s going on presently in this country ... you’re still taking loans on useless projects in north ....How I wish God can just help immidiately 😞
Source: MobilePunch - 🏆 8. / 63 Read more »

How my govt will spend $5 billion new loan - BuhariMr Buhari had requested the Senate to approve sovereign loans of $4.054bn and €710million as well as grant components of $125m for the proposed projects. This regimen is complete yahoo regimen really am tired for naija everyone in the presidency is yahoo yahoo. Nigeria is in such a bad conditn. Pple are suffering. The prices of goods and services are triple. This political dispensat is the worst time of Nigerian political era. Politicians are busy migrating to the same govt. There's a problem. Something is wrong. Nig is a sinked ship.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

$4bn, €710m loans: Buhari borrows to execute projects, assist Nigerians - Presidency gives breakdownPresident Muhammadu Buhari seeks foreign loans to fund projects and programmes Nigerians benefit from, the Presidency has said. In a statement on Nigerians say no, we don't want na by force to construct rail line to Niger! See his “assist” mouth. You and your cronies are busy mortgaging our collective future and you are here talking about paper projects and paper assistance. Hear insult.. assist Nigerians? Chai
Source: DailyPostNGR - 🏆 11. / 59 Read more »