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Kano Assembly Approves Ganduje’s N10bn Loan Request

According to the letter, the loan will be used to procure Close Circuit Television(CCTV) and other gadgets needed to strengthen security in the state.

Governor Abdulahi Ganduje of Kano State / Photo credit: newsdigest.ng

Governor Abdulahi Ganduje of Kano State / Photo credit: newsdigest.ng

The Kano State House of Assembly on Wednesday approved Gov. Abdullahi Ganduje’s request to access a loan of N10 billion from Access Bank.

The approval followed a letter of request to the assembly, which was read by the Speaker, Hamisu Chidari, during the house sitting on Wednesday.

According to the letter, the loan will be used to procure Close Circuit Television(CCTV) and other gadgets needed to strengthen security in the state.

Speaking on the issue, the Leader of the house, Labaran Madari, (APC-Warawa) said the reason for the loan was in order.

He said that the loan had a single-digit interest rate with a repayment period of 10 years.

Madari said the facility would be used to build control rooms for security information and intelligence gathering.

”These gadgets would be installed in all the headquarters of the five emirates in the state.
”The entire essence is to strengthen security and mitigate crime in the state,” he said.

The loan request was unanimously approved by lawmakers present at the sitting.

(NAN)

Written by The Interview Editors

The Interview is a niche publication, targeting leaders and aspiring leaders in business, politics, entertainment, sports, arts, the professions and others within society’s upper middle class and high-end segment in Nigeria.

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