Kaduna receives $141m IDB loan
The Islamic Development Bank (IDB) has approved a loan of $141 million to the Kaduna State Government for infrastructural development. Kaduna is among the highly indebted states with close to half of its monthly federal allocation channeled to debt serving.
A spokesman for Governor Mukhtar Yero, Malam Ahmed Maiyaki, said yesterday that the loan is to be utilised towards the provision of “critical infrastructures in Health, Education and Water Supply sectors.”
The sum of $81 million is for the construction of transmission mains and service reservoirs at the Zaria Regional Water Supply Project while $43.13million is for the provision of modern equipment at the 300 bedspace Specialist Hospital at the Millennium City which is presently at 67% completion, Maiyaki said.
The sum of $17.32million is for the construction of four new Science Secondary Schools to be located in the New Kaduna City, Koreye in Sabon Gari local government area, Rigachikun in Igabi local government area and Manchok in Kaura kocal government area.
The 300 bed-space Specialist Hospital was launched at the weekend by the governor where he said “we have promised the people that we are going to complete all ongoing projects in the State and I want to assure the people that we have not abandoned any project and we remain committed to completing them based on availability of funds.”