Kano Assembly approves Gov. Yusuf’s N4 billion loan request
Kano State House of Assembly has approved Governor Abba Kabir-Yusuf’s request to access a loan of N4 billion from the Central Bank of Nigeria (CBN) for the completion of the Tiga and Challawa hydroelectric power project.
The approval followed the adoption of a motion by the Leader of the House, Lawan Hussaini (NNPP-Dala) at plenary.
Presenting the motion, Mr Hussaini said that the loan has a single-digit interest rate and is therefore not harmful to the economy of the state.
He said that the project, when completed, would help revive ailing industries in the state.
The Tiga Independent Power Plant project was initiated by the administration of former Governor Rabi’u Kwankwaso to generate 35 MW using Challawa and Tiga dams.
Governor Abdullahi Ganduje, who came into power in 2015, continued with the project.
Mr Kabir-Yusuf had sent a letter of request to the house seeking its approval, which was read by the Speaker, Ismail Falgore, at plenary.
The governor said the loan would be used for the completion of the project aimed at boosting the economy of the state through reviving industries, irrigation farming, and powering street lights around the city.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Politics
U.S. govt will closely monitor Nigeria’s 2027 elections: Riley Moore
“What I’d say is that we’re certainly going to be watching these results and how these elections unfold and how they’re executed,” he said.
NationWide
NAPTAN backs replacement of NYSC khaki with adire, says it supports cultural identity
“We must support the use of indigenous fabrics and discourage sectional, tribal sentiments on this proposal,” he said.
States
Zamfara will never negotiate with bandits, says Gov. Lawal
“The governor will never negotiate with bandits. Those willing to surrender should do so or face the law,” he said.
NationWide
Lawyers raise concerns over FG’s plan to scrap fines for drug offences
Their reactions followed plans by the federal government to remove the option of fines for convicted drug traffickers.
Politics
APC chairmen court Arewa, Ndigbo, other non-indigenous Lagos communities for Tinubu’s reelection
The APC state chairmen met with non-indigenous communities in Lagos on Sunday.
Economy
Seplat ends routine gas flaring, expands investment in LPG
Mr Ezugworie said the company achieved the feat by the end of 2025, describing it as a remarkable accomplishment both in Nigeria and globally.
