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$22.7bn FG Loan And How Regions Benefit - Politics - Nairaland

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$22.7bn FG Loan And How Regions Benefit by Nobody: 2:19pm On Mar 06, 2020
General:
- Emergency road rehabilitation and maintenance ($434.7m, nationwide)
– Abidjan-Lagos corridor highway development project study ($1.5m; multinational)
- Nigeria Housing Finance Project Guarantee Scheme ($100m; national)
– National Social Safety Net Project ($500m, nationwide)
– TCN overall transportation system enhancement project ($200m; nationwide)
– Nigeria Electricity Transmission and Access Project ($364m; nationwide)
– Better Education Service Delivery for All (BESDA) ($500m, nationwide)
– Development finance project ($500m, nationwide)
– Development finance project (2) ($450m, min. of power)
– MSMEs project ($1.28bn; nationwide)
– NTA digitisation project ($500m; nationwide)
– Agriculture Transformation Agenda Support Project II (ATASP) ($200m, nationwide)
– Staple crops processing zone projects (2) (500m; nationwide)
– Regional disease surveillance systems enhancement project in West Africa ($90m, nationwide)
– Fiscal Governance and Institutions Project (FGIP) ($200m, government institutions)
– Institutional strengthening and implementation of policy reforms ($33.7m, min. of works and housing)


South west:
– Power transmission project ($200m; Lagos, Ogun)

South south
– East-west road ($800m; Niger Delta)
- Railway modernisation coastal railway project (Calabar-Port Harcourt-Onne deep sea port segment ($3.47bn; Cross River and Rivers states)


South East
-


North East
– Multi-sectoral crises recovery programme ($200m, north-east)
– North-east Nigeria integrated social protection, basic health, education, nutrition services and livelihood restoration project ($100m; north-east)
– Mambila hydro-electric power project ($4.8bn; Taraba)

North west
– Kano - Lagos railway modernisation project (kano - Ibadan segment double track) ($5.53bn; kani - Ibadan states)
– Vocational training in power sector ($50m; FCT, Lagos, Ogun. Kano, Plateau, Niger, Enugu, Kaduna and Cross River)
– Kaduna state economic transformation program for results ($35m, Kaduna)
– National Information and Communication Technology Infrastructural Backbone Project (NICTIB) phase II ($328.1m; Lagos, Abuja, Ibadan, Akure, Maiduguri, Lokoja, Kaduna, Akwanga, Bauchi, Kano, Katsina)
- Health System Project ($110m, Katsina)
– Rural water supply and sanitation ($150m; north-east, and Plateau)
– Lake Chad Basin Commission ($13m, multinational)
– Integrated programme for development and adaption to climate change in the Niger Basin ($6m; Nigeria and Niger)
– Development of the mining industry ($150m, nationwide)

North central:
– Staple crops processing zone support project ($100m, Kogi)
– Greater Abuja water supply project ($381m; FCT)
- Abuja mass rail transit project (phase 2) ($1.25bn; FCT)



Infrastructure Summary for Loan request:
General: $5,853,900,000.00
South west:-$200,000,000.00
South south:- $4,270,000,000.00
South east:-$ 0
North west:-$6,372,000,000.00
North east:-$5,100,000,000.00
North central:-$1,731,000,000
Re: $22.7bn FG Loan And How Regions Benefit by SpyAC(m): 2:27pm On Mar 06, 2020
So, Southern East no be parts of the country ba?

1 Like

Re: $22.7bn FG Loan And How Regions Benefit by Witcher(f): 2:34pm On Mar 06, 2020
God bless president Buhari
God bless patriotic Nigerians
Those people who want to see destruction of Nigeria will only destroy themselves. Nigeria is bigger than them. There ancestors knows this very well, if you don't agree take sniper and ask them.

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Re: $22.7bn FG Loan And How Regions Benefit by pricklewane: 2:43pm On Mar 06, 2020
The SouthEast will continue to prosper even without any allocation.

4 Likes

Re: $22.7bn FG Loan And How Regions Benefit by KEVIND: 2:45pm On Mar 06, 2020
The North is too greedy (70% of the loan is for the North). The funny aspect is that resources from the Niger delta will be use to pay back 90% of the loan.The North will contribute absolutely nothing to the repayment plan

3 Likes

Re: $22.7bn FG Loan And How Regions Benefit by ajani68: 3:42pm On Mar 06, 2020
SpyAC:
So, Southern East no be parts of the country ba?
It's very bad.
Re: $22.7bn FG Loan And How Regions Benefit by Yorubasaredogs: 5:46pm On Mar 06, 2020
[s]
Witcher:
God bless president Buhari
God bless patriotic Nigerians
Those people who want to see destruction of Nigeria will only destroy themselves. Nigeria is bigger than them. There ancestors knows this very well, if you don't agree take sniper and ask them.
[/s]
Some dogs sef.

2 Likes

Re: $22.7bn FG Loan And How Regions Benefit by helinues: 6:20pm On Mar 06, 2020
Why is SE blank? Any explanation from op?

Re: $22.7bn FG Loan And How Regions Benefit by olaboy33(m): 6:22pm On Mar 06, 2020
3 years to go.

#Countdown.
Re: $22.7bn FG Loan And How Regions Benefit by Staro: 6:31pm On Mar 06, 2020
OP, Mambilla is in Taraba State and Taraba
is North East (not North Central)

1 Like

Re: $22.7bn FG Loan And How Regions Benefit by RuddyFusion(m): 6:34pm On Mar 06, 2020
Hmmmmm
Re: $22.7bn FG Loan And How Regions Benefit by kayfra: 6:40pm On Mar 06, 2020
That is on top the SE governments bailing on Ogwunike

They get no respect grin angry grin

1 Like

Re: $22.7bn FG Loan And How Regions Benefit by Nobody: 8:17pm On Mar 06, 2020
Staro:
OP, Mambilla is in Taraba State and Taraba
is North East (not North Central)

Corrected..
Re: $22.7bn FG Loan And How Regions Benefit by Nobody: 8:19pm On Mar 06, 2020
helinues:
Why is SE blank? Any explanation from op?

Because the presidency didn't seem it fit to allocate infrastructural projects to the east but would add its taxes to the repayment.

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