Details of Buhari’s $30 billion loan
Water Resources:
Greater Abuja Water Supply Project:
$381m – 20yr Maturity – 2.5% Interest
(China Exim Bank)
NEast/NC Rural Water Supply Project:
$150m – 20yr Maturity – 1.1% Interest
(African Devt Bank – AFDB)
Agriculture:
Agric Transformation Support II:
$200m – 20yr Maturity – 1.1% Interest
(AFDB)
Staple Crops Processing Zone Devt:
$100m – 25yr Mat – 1.25% Interest
(World Bank – Kogi)
Staple Crops Processing Zone Devt:
$500m – 20yr Mat – 1.1% Interest
(AFDB – Nationwide)
PDP, Atiku kick as DSS operatives re-arrest Sowore, Bakare
Social Investment:
NSIO/CCT:
$500m – 25yr Maturity – 1.25% Interest
(World Bank – Nationwide)
MSME Devt Finance: $1.1Bn USD
$500m – 21yr Mat – 3% Int (World Bank)
$450m – 20yr Mat – 1% Int (AFDB)
$130m – 15yr Mat – 3% Int (AFD France)
$20m – 15yr Mat – 3% Int (KFW GER)
E – Governance:
FGIP Fiscal Governance (Database Linking EFCC/NIMC/NBS/OAGF):
$200m – 25yr Mat – 1.25% Int (W. Bank)
ICT Backbone Phase III:
$328m – 20yr Mat – 2.5% Int (ChinaXim)
Road Asset Management E-System:
$33.7m – 20yr Mat – 1.12% Int (W. Bank)
Solid Minerals:
Mining Reform Fund:
$150m – 25yr Mat – 1.25% Int (W. Bank)
Education:
Education Sector Reform Program
(Performance For Results Initiative / FGN Education-Cash Interventions To States On A Performance/Value Basis):
$500m – 21yr Mat – 3% Int (W. Bank)
Power:
Mambilla Hydropower Project:
$4.8Bn – 20yr Mat – 3% Int (China Exim)
TCN – Transmission Upgrade Program:
$364m – 20yr Mat – 0.25% Int (W. Bank)
$200m – 20yr Mat – 2.9 Int (AFD)
Transmission Upgrade (Lagos-Abeokuta) Project:
$200m – 30yr Mat – 1.4% Int (Japan ICA)
Nine Power Sector Vocational Schools:
$50m – 20yr Mat – 2.9% Int (AFD France)
Power Total: $5.61Bn USD
Housing:
Housing Financing Guarantee Project:
$100m – 20yr Mat – 2.9% Int (AFD)
Transportation:
Ibadan – Kano Railway:
$5.53Bn – 20yr Mat – 2.75% Int (China)
Coastal Railway (Calabar – Port Harcourt – Onne Deep Sea Port):
$3.47Bn – 20yr Mat – 2.75% Int (China)
Abuja Mass Rail II (City Center To Outer Districts):
$1.25Bn – 20yr Mat – 2.75% Int (China)
Works:
East-West Road:
$800m – 20yr Mat – 2.75% Int (China)
Road Reconstruction:
$434.7m – 20yr Mat – 1.1% Int (AFDB)
Gombe-Biu Road (120km)
Calabar-Ekang-Ajassor Road (64km)
Enugu-Abakiliki-Ogoja Road (246km)
Katsina-Jibiya-Niger Rep Road (65km)
Maokwa-Kaduna Road (190km)
Information:
NTA Digitalisation Project:
$500m – 20yr Mat – 2.75% Int (China)
W/Africa Disease Surveillance System:
$90m – 25yr Mat – 1.25% Int (W. Bank)
WB State Support:
Kaduna State Devt Policy Operation:
$350m – 25yr Mat – 1.25% Int (W. Bank)
This Forms The Stimulus Plan. I Hope You Find This Information Useful. Ahead Of The Inflow Of More Than $1tn Foreign Investment Into Africa Via AFCTA, We Urgently Need Infrastructure To Compete Favourably With SA, Morocco, Egypt, Kenya, Ghana For 100s Of Millions Of New Jobs. ??
© Ajuri Ngalale.
