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Gov Bago seeks Assembly’s approval for N70bn bond

Published on May 14, 2025 at 07:57 AM

Niger State Governor, Mohammed Umar Bago has approached the House of Assembly with a request for a resolution to approve the issuance of a N70 billion bond for execution of critical projects.

According to a correspondence from the Governor to the House, the bond forms part of a larger N100 billion bond raise program for 2025, which was approved by the State Executive Council at its 55th sitting on April 22, 2025.

“The proposed bond is intended to finance critical projects in key sectors such as healthcare, education, infrastructure, water supply, and inter- and intra-state connectivity,”;; Bago stated.

The request was read during plenary by the Deputy Speaker, Hon. Afiniki Eunice Dauda, and subsequently referred to the House Standing Committee on Finance for further legislative action.

In another development, the House considered a private member bill presented by Hon. Murtala Adamu Badaru, which seeks to regulate the activities of scavengers, old metal dealers, and panteka businesses within residential areas in Niger State.

Additionally, the House deliberated on a bill aimed at establishing the Niger State Facilities Management Agency.

After debate, the bill was referred to the House Standing Committee on Works and Infrastructure, which has been given two weeks to report back to the House for further legislative action.

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