Home » Forum » News » FG to obtain $124.2million loans for water projects
Author: Ebby
Posted: 6th of Nov, 2020 at 12:22PM


Read Time: 31 secs


Featured Image

FG to obtain $124.2million loans for water projects


The Federal Executive Council has approved the obtaining of $104.2m and $20m loans from two international financial institutions for the development of water projects in Nigeria

Spokesperson of the Federal Ministry of Water Resources, Kenechukwu Offie, disclosed this in a statement on Thursday, November 5, in Abuja.

According to her, “The Federal Executive Council at its meeting of November 4, 2020, approved to obtain loans of $104.2m from African Development Bank and $20m from African Growing Together Fund to finance Nigerian Urban Water Reform and Akure Water and Sanitation Project.

The project aims to provide sustainable access to safe drinking water for the residents of Akure city and its environs.”

Comment(s)

Okoro3 Monday, 8:26AM

May God see us true

Dimeji2020 9th of Nov, 2020 at 12:23PM

O k

Dimeji2020 9th of Nov, 2020 at 12:23PM

O k

Slimmdaddy 9th of Nov, 2020 at 9:51AM

Ok oh

Udufowe 9th of Nov, 2020 at 8:57AM

Na woo

Login to comment