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Kano Assembly approves Gov. Ganduje’s request to access 18.7bn loan from CBN

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The Kano State Home of Meeting has accredited Governor Abdullahi Umar Ganduje’s request to entry N18.7bn mortgage from Central Financial institution of NIgeria.

This was contained in a letter learn earlier than the lawmakers by the speaker of the Home Hamisu Ibrahim Chidari.

He stated the approval adopted the governor’s request in a letter despatched to the State Home of Meeting.

In accordance with the governor, the mortgage is inline with the Central Financial institution of Nigeria’s approval to challenge a loans to all of the State Governments to cushion the consequences of COVID-19 pandemic on the states.

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The governor stated N10bn out of the cash can be used to finance 2021 supplementary price range.

The Home, subsequently, accredited the governor’s request for the event of the state.

DAILY POST reported that the Jigawa state Home of Meeting had additionally accredited Governor Muhammad Badaru Abubakar’s request to entry the identical quantity from the Central Financial institution of Nigeria.

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