The Kogi State Government has commenced the process of accessing the second tranche of the bond’s proceeds.
The State Commissioner of Finance, Alhaji Zakari Alfa disclosed this while receiving the state financial advisers and consultants to the trustees in his office in Lokoja.
Alhaji Alfa said, the fund applied for, is to upgrade infrastructures in the water, health, transport and roads development statewide.
Sequel to the foregoing, the financial advisers to the state government and consultants to the trustees undertook pre-inspection visits of projects to access the second tranche of bonds.
In separate remarks, financial advisers on the bond project urged the state government and the contractors handling the various projects to sustain the pace of work on the implementation.
Project sites visited include: Welcome to Lokoja, the 500-unit bond Housing Estate at Crusher and Ganaja, the modern park at Felele, the Kogi State University Teaching Hospital Anyigba, the 45-bed cottage hospital at Odu-Ogboyaga, the Kogi House at Abuja among others.
Source: The Graphic
