Home NewsNational News Kano gets $110m of AfDB’s $563m infrastructure fund for Nigeria

Kano gets $110m of AfDB’s $563m infrastructure fund for Nigeria

by Hafeestonova

As part of the African Development Bank’s effort to improve infrastructure in Nigeria, Kano State is set to get $110 million of $563 million the bank is providing.

The $563 million funds would be spent on developing rural roads, transport infrastructure, water, sanitation, and agricultural productivity in Nigeria, The Cable reports.

AfDB President, Akinwumi Adesina, disclosed this when he paid a courtesy visit to the Governor of Kano State, Abdullahi Ganduje, stating that Kano would get $110 million out of the earmarked amount.

He said, “We are spending $110 million in Kano for our programme on special agricultural industrial processing zone. We are, in all, have about $563 million that will be dedicated to that project in various states of Nigeria. With this $110million that will be used for Kano State, just imagine what we could do. Investing in rural roads, transport infrastructure, water and sanitation, we will also invest in agricultural productivity to raise the production of food. With this programme of hundreds of US dollars, we will help develop consolidated infrastructure in rural areas. That will allow private sector food and agribusiness companies to reduce the number of losses they have, create a more competitive value chain, transform the rural areas from the zones of misery to the zone of economic prosperity and increase the number of resources the state has,”

The governor, on the other hand, commended the assured AfDB president of the government’s readiness to ensure the successful implementation of the projects the fund have been provided for.

Ganduje also stated his desire to develop Kano to the status of a megacity where basic infrastructure is not lacking adding that the fund would help achieve his aim.

Ganduje said “This is what we mean by genuine development when institutions are strengthened and individuals or groups of individuals are directly impacted, this is what we mean by genuine development. My dream is to promote Kano into a megacity, which is not only a collection of the population but also, a collection of an environment where things are working, where traffic flows, where health services are excellent. This is aimed at reducing medical tourism abroad and where you can have security using technology,”

 

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