Ganduje seeks Kano Assembly’s approval to construct roads with N20b CBN loan

Kano state governor, Umar Ganduje has written to the state House of Assembly seeking their consent to construct roads with N20 billion loan obtained from the Central Bank of Nigeria (CBN).

It will be recalled that the Speaker of the House Hamisu Chidari who reads the details of the letter on the floor, on Monday, said the government would use the money to construct township roads in Gaya, Karaye, Rano and Bichi Emirates.

According to the letter ” ……The compelling need and pervert desire of the present administration to execute this laudable project that has a direct bearing in the socio-economic life of our teeming populace in the state.

“Therefore, the drawdown of the sum of N20 Naira is sacrosanct in the year 2021 to enable the state government to execute the project.

“In view of the foregoing, it deems necessary to prepare and present the list of the projects to the sum of N20 billion Central Bank stimulus loan for scrutiny, consideration and approval by this honourable House.

“Attached is the list of the projects in anticipation of your usual cooperation and timely response.

Construction of Janguza-Durum-Kabo-Karaye road (N4.5b), construction of flyover at Dangi roundabout (N1b), construction of township road at Rano (N750m), construction of township road at Bichi (N750m), construction of township road at Karaye (N750m), construction of township road at Gaya (N750m).

“Construction of Muhammadu Buhari road interchange at NNPC Hotoro (N8bn), Construction of rural roads across the local government areas of the state (N6.5b) making the sum of twenty billion Naira (N20b).

“Honourable members this is the list of the projects to be funded with the twenty billion Naira stimulus loan from Central Bank.”

However, the speaker referred the letter to the House Committee on the appropriation for further action.

It may be recalled that the house has on Monday, November 30, 2020, approved Mr Ganduje’s request to access the N20b loan from CBN.


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