Kaduna re­ceives $141m IDB loan

Daily Trust - - NEWS - From Mis­bahu Bashir, Kaduna

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.”

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