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Kano Assembly approves Ganduje’s N10bn loan request

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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.

Our correspondent reports that the loan request was unanimously approved by lawmakers present at the sitting.

Muhammad Nur Tijani

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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