RUSSIAN FORCES TO STAY IN MALI TO FIGHT TERRORISM: KREMLIN. (PHOTO).
Senate clarifies that the 516.3 million USD loan request it approved this Wednesday for the federal government is a financial lifeline to avoid delays in the execution of the Sokoto Badagry superhighway project.
National Assembly Correspondent, Lami Ali reports that this latest loan from the Deutsche Bank AG, was an alternative to an earlier package sourced from a Bank in the middle east, which Nigeria has been unable to receive due to the Iran war.
Lawmakers while approving the loan expressed optimism that the road would significantly reduce travel time between the North and South of Nigeria thereby enhancing economic activities across the Corridor.
The Sokoto Badagry Super highway covering 1000 kilometers stretches from Illelah in Sokoto State, through Kebbi, Niger, Kwara, Oyo, and Ogun states to Badagry in Lagos.
Meanwhile the Senate during the plenary confirmed appointees of President Tinubu among them Lamido Abubakar Yuguda as Deputy Governor of CBN.
Also President Tinubu has communicated the Senate declining assent to the NIMC bill due to structural defects among others.
Comments
Post a Comment