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
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
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.”
States
Zamfara commerce commissioner Tasi’u Musa-Shinkafi dies after brief illness
The statement said Mr Musa-Shinkafi died at Dialogue Hospital, Kaduna.
Hot news Home top
KASU-ASUU dismisses strike report, says academic activities ongoing without interruption
The statement stated, “Parents and guardians are therefore encouraged to ensure that their wards remain on campus and adequately prepared for the forthcoming examinations.”
Heading 4
Adeniyi recommends AI, evidence handling in Customs’ operations
The Customs Police Unit was established in 2019 to investigate erring officials, prevent crime and ensure compliance.
Education
UNIJOS appoints new vice-chancellor
Mr Madugu said that Ms Lar is the first female professor to head the institution.
Lagos
Afreximbank names nine winners in CANEX Create-thon competition
The competition offered $50,000 in prize money, with winners in each category receiving $7,000 for first place, $3,500 for second place and $1,500 for third place.
Opinion
Azu Ishiekwene: Amaechi’s campaign worse than diarrhoea
Former Vice-President Atiku Abubakar, the presidential candidate of the African Democratic Congress, has a gift for choosing running mates with dubious political value.
