Niger Awards N30.5bn Contracts, Targets N500bn from Capital Market

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Niger State government has signed contracts for the conversion of Shiroro Hotel to Ibrahim Badamasi Babangida University Teaching Hospital (IBBUTH) and the

The state government plans to secure N500 billion funding from the capital market

Governor Mohammed Umaru Bago who spoke during the signing of the contracts, said his administration is making frantic efforts to ensure that the state is transformed. The IBBUTH project has two companies to handle it and the three-arms zone project will be executed by five companies. Bago said, “As a government, we have muscled N500 billion from the capital market, so we can boost say, all the projects we have earmarked will be completed timely,” the governor said

He expressed optimism that the projects, when completed will create employment, solve health problems, reduce medical tourism, and increase transfer of skills as well as knowledge.

 

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