FG approves $200 million loan for Lagos
The Federal Executive Council, FEC, today approved a $200 million loan for Lagos state government. Announcing this to state house correspondents after the FEC meeting, Minister of Information and Culture, Lai Mohammed and Minister of Works, road and Power Babatunde Fashola, said the loan was part of a $600 million loan granted by World Bank to finance the construction of roads and other infrastructural development projects in the state. (more…)
by