How Buhari Intends To Spend $22.7bn Foreign Loan

How Buhari Intends To Spend $22.7bn Foreign Loan

Here is how the Buhari administration plans to spend the loan and where the projects are located as contained in the document:

INFRASTRUCTURE

– Emergency road rehabilitation and maintenance ($434.7m, nationwide)

– Abidjan-Lagos corridor highway development project study ($1.5m; multinational) – Abuja mass rail transit project (phase 2) ($1.25bn; FCT)

– East-west road ($800m; Niger Delta)

– Nigeria Housing Finance Project Guarantee Scheme ($100m; national)

– Lagos-Kano railway modernisation project (Ibadan-Kano segment double track) ($5.53bn; Ibadan-Kano states)

– Railway modernisation coastal railway project (Calabar-Port Harcourt-Onne deep sea port segment ($3.47bn; Cross River and Rivers states)

SOCIAL INVESTMENT

– National Social Safety Net Project ($500m, nationwide)

– Multi-sectoral crises recovery programme ($200m, north-east)

– North-east Nigeria integrated social protection, basic health, education, nutrition services and livelihood restoration project ($100m; north-east)

POWER

– Power transmission project ($200m; Lagos, Ogun)

– Vocational training in power sector ($50m; FCT, Lagos, Ogun. Kano, Plateau, Niger, Enugu, Kaduna and Cross River)

– TCN overall transportation system enhancement project ($200m; nationwide)

– Mambila hydro-electric power project ($4.8bn; Taraba)

– Nigeria Electricity Transmission and Access Project ($364m; nationwide)

EDUCATION

– Better Education Service Delivery for All (BESDA) ($500m, nationwide)

ECONOMY

– Development finance project ($500m, nationwide)

– Kaduna state economic transformation Program for results ($35m, Kaduna)

– Development finance project (2) ($450m, min. of power)

– Development finance project (3) ($20m, nationwide)

– MSMEs project ($1.28bn; nationwide)

COMMUNICATION

– NTA digitisation project ($500m; nationwide)

– National Information and Communication Technology Infrastructural Backbone Project (NICTIB) phase II ($328.1m; Lagos, Abuja, Ibadan, Akure, Maiduguri, Lokoja, Kaduna, Akwanga, Bauchi, Kano, Katsina)

AGRICULTURE

– Staple crops processing zone support project ($100m, Kogi)

– Agriculture Transformation Agenda Support Project II (ATASP) ($200m, nationwide)

– Staple crops processing zone projects (2) (500m; nationwide)

HEALTH/WATER

– Regional disease surveillance systems enhancement project in West Africa ($90m, nationwide)

– Health System Project ($110m, Katsina)

– Rural water supply and sanitation ($150m; north-east, and Plateau)

– Greater Abuja water supply project ($381m; FCT)

GOVERNANCE

– Fiscal Governance and Institutions Project (FGIP) ($200m, government institutions)

– Institutional strengthening and implementation of policy reforms ($33.7m, min. of works and housing)

ENVIRONMENT

– Lake Chad Basin Commission ($13m, multinational)

– Integrated programme for development and adaption to climate change in the Niger Basin ($6m; Nigeria and Niger)

– Development of the mining industry ($150m, nationwide)