Here are the institutions the loan is being requested from:
• Exim Bank of China ($17bn)
• World Bank ($2.95bn)
• Africa Development Bank ($1.88bn)
• Islamic Development Bank ($110m)
• Japan International Cooperation Agency ($200m)
•French Development Agency ($480m
Here is how the PMB administration plans to spend the loan and where the projects are located as contained in the document:
INFRASTRUCTURE
Emergency road rehabilitation and maintenance ($434.7m, nationwide)
– Abuja mass rail transit project (phase 2) ($1.25bn; FCT)
– East-west road ($800m; Niger Delta)
– Nigeria Housing Finance Project Guarantee Scheme ($100m; national)
– Lagos-Kano railway
– Railway modernisation coastal railway project (Calabar-Port Harcourt-Onne deep sea port segment ($3.47bn; Cross River and Rivers states)
SOCIAL INVESTMENT
National Social Safety Net Project
Multi-sectoral crises recovery programme ($200m, north-east)
North-east Nigeria integrated social protection, basic health, education, nutrition services and livelihood restoration project ($100m; N-east)
POWER
Power transmission project ($200m; Lagos, Ogun
– TCN overall transportation system enhancement project ($200m; nationwide)
Mambila hydro-electric power project ($4.8bn; Taraba)
Nigeria Electricity Transmission
EDUCATION
– Better Education Service Delivery for All (BESDA) ($500m, nationwide)
ECONOMY
– Development finance project ($500m, nationwide)
– Kaduna state economic transformation program for results ($35m, Kaduna)
– Development finance
– Kaduna state economic transformation program for results ($35m, Kaduna)
– Development finance project (2) ($450m, min. of power)
– Development finance project (3) ($20m, nationwide)
– MSMEs project ($1.28bn; nationwide)
COMMUNICATION
National Information and Communication Technology Infrastructural Backbone Project (NICTIB) phase II ($328.1m; Lagos, Abuja, Ibadan, Akure, Maiduguri, Lokoja, Kaduna, Akwanga, Bauchi, Kano, Katsina)
AGRICULTURE
Staple crops processing
– Agriculture Transformation Agenda Support Project II (ATASP) ($200m, nationwide)
– Staple crops processing zone projects (2) (500m; nationwide)
HEALTH/WATER
Regional disease surveillance systems enhancement project in West Africa ($90m,
– Health System Project ($110m, Katsina)
– Rural water supply and sanitation ($150m; north-east, and Plateau)
– Greater Abuja water supply project ($381m; FCT)
GOVERNANCE
– Fiscal Governance and Institutions Project (FGIP) ($200m, government institutions)
ENVIRONMENT
– Integrated programme for development and adaption to climate change in the Niger Basin ($6m; Nigeria and Niger)
– Development of the mining industry ($150m, nationwide)
Thank you.