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Governor Aminu Tambuwal’s Sokoto state government said it would secure N65.7 billion loan to finance agricultural programmes, housing, water supply and enhance judicial administration in the state.
On the shopping list are cars for judiciary, fertiliser for farmers, water and housing projects.
The Secretary to the state government, Alhaji Saidu Umar disclosed this while addressing newsmen at the end of the state Executive Council meeting on Friday.
He said the decision to secure the loan was taken by the council members in line with the state government’s effort to seek better ways of improving the lot of the people of the state.
The SSG said the decision to obtain the loan was aimed at improving the peoples lives and promote economic development across the state.
He explained that N550 million would be spent on procurement of 200 generators to provide safe drinking water in rural areas.
He added that N140 million would be spent on the procurement of water resources implements.
According to him, N4 billion would be accessed from the Central Bank of Nigeria (CBN) for agricultural loan facility as a counterpart funding.
” The sum of N10 billion will be sourced to finance the payment of contractors that would execute contracts awarded under the State Universal Basic Education Board
(SUBEB).