ADFB May Give $100M Loan To Finance Abuja BRT - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / ADFB May Give $100M Loan To Finance Abuja BRT (402 Views)
$100m Aircraft Maintenance Facility Rots Away In Akwa Ibom Since 2012 / Cows Block Entrance Gate Of Ministry Of Finance, Abuja (Photo) / Cows At Ministry Of Finance Abuja (2) (3) (4)
(1) (Reply)
| ADFB May Give $100M Loan To Finance Abuja BRT by geunik(m): 10:47am On Feb 18, 2017 |
The Africa Development Bank, ADFB, may provide loan of $100 Million to finance Bus Rapid Transit, BRT in Abuja. This was disclosed by the FCT Transportation Secretary, Alihaji Hamid Suleiman and was made available by News Agency of Nigeria. According to Suleimon, although the loan is not part of the Federal Government of Nigeria borrowing plans, the bus will ply from Eagle Square in Abuja to Aura Balaifi in Nasarawa State. He stated also that $950 CTF grant has been approved for preparatory study of the pilot BRT corridor which between Eagle Square and Aura Balaifi. He added that the Nigeria Infrastructure Advisory Facility, NIAF, is sponsored by the Department of International Development, DfID, and administered by Adam Smith International of London. He said, “It is to facilitate and accelerate infrastructure reform and policy development, institutional strengthening, legislation, capacity building, planning and regulation." The Africa Development Bank, ADFB, may provide loan of $100 Million to finance Bus Rapid Transit, BRT in Abuja. This was disclosed by the FCT Transportation Secretary, Alihaji Hamid Suleiman and was made available by News Agency of Nigeria. According to Suleimon, although the loan is not part of the Federal Government of Nigeria borrowing plans, the bus will ply from Eagle Square in Abuja to Aura Balaifi in Nasarawa State. He stated also that $950 CTF grant has been approved for preparatory study of the pilot BRT corridor which between Eagle Square and Aura Balaifi. He added that the Nigeria Infrastructure Advisory Facility, NIAF, is sponsored by the Department of International Development, DfID, and administered by Adam Smith International of London. He said, “It is to facilitate and accelerate infrastructure reform and policy development, institutional strengthening, legislation, capacity building, planning and regulation." provide loan of $100 Million to finance Bus Rapid Transit, BRT in Abuja. This was disclosed by the FCT Transportation Secretary, Alihaji Hamid Suleiman and was made available by News Agency of Nigeria. According to Suleimon, although the loan is not part of the Federal Government of Nigeria borrowing plans, the bus will ply from Eagle Square in Abuja to Aura Balaifi in Nasarawa State. He stated also that $950 CTF grant has been approved for preparatory study of the pilot BRT corridor which between Eagle Square and Aura Balaifi. He added that the Nigeria Infrastructure Advisory Facility, NIAF, is sponsored by the Department of International Development, DfID, and administered by Adam Smith International of London. He said, “It is to facilitate and accelerate infrastructure reform and policy development, institutional strengthening, legislation, capacity building, planning and regulation." |
| Re: ADFB May Give $100M Loan To Finance Abuja BRT by geunik(m): 10:49am On Feb 18, 2017 |
|
(1) (Reply)
Community Resists Amosun’s Demolition Plot As Commissioner Escapes / Prayer To Buhari, About 65,000 Christians In Katsina State Pray For Him / Xenophobia:vacate From Nigeria Before 48hours Nigerian Students To South African
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 11 |