It was painful reading this morning how South East senators are protesting that Nigeria did not include South East in the recent $22.7 billion loan distribution which the Senate recently approved. It was really ugly. This is what I found, looking into the loan:
Nigeria’s $22.7b Loan: Projects/Services By Political Zones.
1) South West:-$200,000,000.00
2) South South:- $4,270,000,000.00
3) South East:- $0.00
4) North West:-$6,372,000,000.00
5) North East:-$300,000,000.00
6) North Central:-$6,531,000,000
– Power transmission project ($200m; Lagos, Ogun)
– East-west road ($800m; Niger Delta)
– Railway modernisation coastal railway project (Calabar-Port Harcourt-Onne deep sea port segment ($3.47bn; Cross River and Rivers states)
– Nil Nil Nil Nil.
– 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)
– Lake Chad Basin Commission ($13m, multinational)
– Kano – Lagos railway modernisation project (kano – Ibadan segment double track) ($5.53bn; kani – Ibadan states)
– Vocational training in power sector ($50m; FCT, Lagos, Ogun. Kano, Plateau, Niger, Enugu, Kaduna and Cross River)
– Kaduna state economic transformation program for results ($35m, Kaduna)
– National Information and Communication Technology Infrastructural Backbone Project (NICTIB) phase II ($328.1m; Lagos, Abuja, Ibadan, Akure, Maiduguri, Lokoja, Kaduna, Akwanga, Bauchi, Kano, Katsina)
– Health System Project ($110m, Katsina)
– Rural water supply and sanitation ($150m; north-east, and Plateau)
– Development of the mining industry ($150m, nationwide)
– Staple crops processing zone support project ($100m, Kogi)
– Greater Abuja water supply project ($381m; FCT)
– Abuja mass rail transit project (phase 2) ($1.25bn; FCT)
– Mambila hydro-electric power project ($4.8bn; Taraba)
– Integrated programme for development and adaption to climate change in the Niger Basin ($6m; Nigeria and Niger Republic) – Hope For Nigeria
President Buhari, do not allow this injustice to stand. Update that distribution and make it to reflect federal character. I think it is fair since South East will help in paying the loan.---
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