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FG to execute 15 projects with External Loan

1 year ago
in News, Politics
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FG to execute 15 projects with External Loan

Federal government says it will execute 15 projects spread across the six geo-political zones of the country with $4 billion loan expected from multilateral institutions.

This was disclosed in a statement issued by the Senior Special Assistant on Media and Publicity to the President, Garba Shehu, and made available to newsmen.

The statement revealed that President Muhammadu Buhari had already requested the Senate to approve sovereign loans of $4.054billion and €710million as well as grant components of $125million for the proposed projects.

It added that the objective of the project is to enhance agricultural productivity of small and medium scale farmers and improve value addition along priority value chains in the participating states.

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