Public Management

Nigeria: Yobe Govt commits $6.5m for capital projects

Friday, 23 June 2017 21:35

In Nigeria, the Yobe state government has committed over N2.1billion ($6.5m) to execute capital projects across the state.

Speaking after a state executive council meeting in Damaturu, the Commissioner for Home Affairs, Information and Culture, Mala Musti explained that the release of the funds was part of efforts to develop the state.

Giving a breakdown of the financing, Musti said that the sum of N161.8 million was released for the construction of pre-clinical buildings at the New College of Medical Sciences while another N778.1 million was released for the approval and construction of additional structures at the same institution.

Others are: renovation of the Special Advisers office complex (N59.9million), construction of 33KVA transmission line linking Babangida and Dapchi Phase I and II and electrification of Lantewa, Kaliari and Koromari towns (N309.4million), construction of Earth Dyke at Magura (N56,9million), reconstruction of 77KM Damaturu-Buni-Magza road (N529.7million), ratification of landscaping and beautification of the Government House and Governor’s office frontage (N91.8million), drilling of 8” API boreholes at Geidam, Gashua and Potiskum general hospitals, (N83.1million) and procurement of vehicles for shuttle at the Yobe State University (N116,6million).

Anita Fatunji

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
Investec secures $200 million IFC loan for green housing finance Funds to support eco-buildings, affordable green home loans in South...
“Keur Samba” securitization bonds begin trading on the BRVM Operation backed by NSIA Banque CI and Orabank CI totals CFA52 billion Move aims...
Witti Finances Holding acquired a majority stake in Kajas Microfinance, entering the Senegalese market. The firm rebranded the entity as Witti...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
03

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
04

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
05

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.