Nigeria: Kwara sets aside $38m for infrastructure
(Ecofin Agency) - The Government of Kwara has set aside N12 billion ($38million) to fund new infrastructure projects under the state’s infrastructure development fund (IFK).
According to the Governor of Kwara State, Abdulfatah Ahmed (photo), the money will be used to fund infrastructure projects such as the first Diamond underpass in Nigeria, new campuses for the state university (KWASU), Ilesha-Baruba and Ilorin Solar-powered Street lights, duplication of major roads in the state and a new indoor sports hall for the Ilorin township stadium.
Let’s recall that in January, the state government released N2.16 billion to fund 60 on-going projects across Kwara through IFK. The IFK was established as a funding window for the execution of capital projects under the public-private partnership.