Gov Bago takes N70bn Bond to Finance critical projects in Niger

Date:

From Yakubu Mustapha Minna

Niger State Governor, Mohammed Umar Bago has sent an executive correspondence to the House of Assembly regarding the issuance of a N70 billion bond for consideration.

In a statement by the Assembly’s acting Head of Media and Public Relations, Mairo Adamu Mani said the correspondence was read during the plenary by the Deputy Speaker, Afiniki Eunice Dauda, who presided over the sitting.

According to the correspondence, the State Executive Council, at its 55th sitting on April 22, 2025, deliberated and approved the issuance of N70 billion out of the N100 billion Niger State 2025 bond program.

The bond aims to finance critical projects in healthcare, education, infrastructure, water supply, and inter- and intra-state connectivity.

READ MORE  Zamfara APC denies anointing gov’ship candidate

Governor Bago has requested the House to issue a resolution approving the conclusion of necessary documents for the bond issuance.

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

N100bn from EFCC recoveries allocated to NELFUND – Chairman 

N100bn from EFCC recoveries allocated to NELFUND - Chairman    The...

TB Network Raises Alarm Over ACT, ITN Shortages in Zamfara PHCs

By Ibrahim Sidi Muh’d, Gusau The Tuberculosis Network in Zamfara...

2027 Election: Atiku’s Suit Against Tinubu’s Eligibility Suffers Setback

By Vivian Okejeme Former Vice President Atiku Abubakar’s suit challenging...

Oyo LG Elections: Court Orders Service on INEC, OYSIEC

By Vivian Okejeme Justice Obiora Egwuatu of the Federal High...