HomeNewsGov Bago moves to raise N70bn bond for key infrastructure projects in...

Gov Bago moves to raise N70bn bond for key infrastructure projects in Niger

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Governor Mohammed Umar Bago of Niger State has approached the State House of Assembly with a formal request to approve a N70 billion bond issuance aimed at driving major development initiatives across the state.

In a letter presented to the lawmakers, Bago explained that the bond is part of a larger N100 billion funding scheme approved by the State Executive Council during its 55th session held on April 22, 2025.

The funds, according to the governor, would be channeled into crucial sectors including healthcare, education, transportation, water supply, and interconnectivity both within and outside the state.

Deputy Speaker Hon. Afiniki Eunice Dauda read the governor’s request at the Assembly’s plenary, after which it was forwarded to the Finance Committee for legislative consideration.

Separately, Hon. Murtala Adamu Badaru introduced a private member bill designed to regulate scavenging activities and the operations of scrap and secondhand dealers—commonly known as “panteka”—within residential areas. The bill aims to address safety and sanitation concerns in urban communities.

Also on the floor, lawmakers debated a proposal to establish the Niger State Facilities Management Agency.

The bill has been sent to the Committee on Works and Infrastructure, which is expected to present its findings within two weeks.

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