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Published On: Mon, Oct 28th, 2019

Niger govt. denies receiving $181mn IDB loan

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From Yakubu Mustapha, Minna

The Niger State government has refuted not to have received $181 million loan from the Islamic Development Bank, IDB , as claimed by the Former Governor of the state, Dr Muazu Babangida Aliyu.
The Chief Press Secretary to the Governor, Mrs Mary Noel Berje speaking on the development confirmed that the state government was in the process of securing the loan to dualize Minna-Bida road but the money has not hit the state account.
She recalled that the then Commissioner of Finance Alhaji Zakari Abubakar had on May 28th this year after the National assembly gave approval addressed the Press on the said loan and the plan to dualized Minna –Bida Road was made public.
According to her, the state government has been opened on the issue of the IDB loan because the concept of the loan was made public and has been in public domain
She explained that, “ the initial concept of the loan and the project to be carried out was passed to the national by the federal executive council for inclusion in the national borrowing plan, thereafter a consultant was engaged to assess what was required , so there is no way that money will be ready and work will not start on the Minna- Bida road “.
‘The consultant provided us with the following components , the dualization of Bida-Minna road of about 82 kilometers by two making 164 kilometres with other facilities, because the road was constructed in the early eighties and needed total reconstruction’.
It was gathered that the Government of Alhaji Abubakar Sani Bello got the nod of the National Assembly to secure the said IDB loan this year after the request was earlier transmitted on 26th July 2017 but the request was not granted until May this year.
It was however, revealed that though the process of securing the loan has been completed at the National Assembly , the Money has not hit the state’s account .
The Former Niger State Governor had during PDP rally in Minna on Saturday claimed that , he secured the approval for the said loan but the physical money was given to his successor .
The document further revealed that the IDB loan was approved by the National Assembly in May this year but the money has not been accessed by the state government as claimed.
It also revealed that the 8th Senate on 28th May 2019 received and considered the report tagged “ Report of the committee on local and foreign debt , Niger state’s development policy operation credit from world bank and Islamic development bank” and approval for the loan granted.
Investigation revealed that based on the report of the committee headed by Senator Shehu Sani then the Senate looked into it and considered it, thereby giving the state government the backing to access the loan for its viability but the government has not received the money.

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