IsDB Authorises USD 86.64 Million Loan to Niger State for the Minna-Bida Road Project

IsDB Authorises USD 86.64 Million Loan to Niger State for the Minna-Bida Road Project

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The Islamic Development Bank (IsDB) has authorised a USD 86.64 million loan to the State Government of Niger in Nigeria for the building and upgrading of the 82-kilometre Minna-Bida Road being handled by the Dantata & Sawoe Construction Company (Nigeria).

Why it Matters?

The ongoing upgrade of the Minna-Bida Road project is to contribute to the state's socio-economic development by establishing safe, efficient and cost-effective interconnections between local government areas in the state, as well as amongst states in the country's Northern and South-Western regions. Abubakar Sani Bello, Governor of Niger State, stated that once complete, the road will cut travel time, vehicle running costs and road maintenance costs, improve traffic flow, and pro...