$100 million loan: Kogi redirects request to African Development Bank - Daily Post Nigeria

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$100 million loan: Kogi redirects request to African Development Bank - Daily Post Nigeria
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$100 million loan: Kogi redirects request to African Development Bank

The Kogi State request for $100 million World Bank loan before the Senate has been withdrawn and redirected to the African Development Bank.

Chairman of the Senate Committee, Senator Clifford Ordia in his lead debate stated that out of three states – Katsina, Kaduna and Kogi that applied for the loan, Kogi State has changed its source of borrowing to African Development Bank. Expressing shock, he said: “Mr. President, distinguished colleagues, when I got the synopsis of the Committee report, I didn’t see Kogi among the World Bank and I became apprehensive.

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