Nigeria To Borrow $945m From World Bank’s Subsidiary For Drainage Projects

Nigeria approved borrowing of $945 million from the International Development Association, an arm of the World Bank, for irrigation and drainage projects, Minister of State for Finance, Bashir Yuguda said.
The borrowing consists of:
$495 million for irrigation projects in states including Kano, Sokoto and Zamfara;
$250 million for urban water projects in Bauchi, Ekiti and Rivers states;
$200 million to improve drainage in Ibadan, Nigeria’s third-biggest city.