The Kano State House of Assembly has approved the request by Governor Abdullahi Ganduje to access N50 billion bond from the Capital Market.
The Speaker of the House, Alhaji Abdulazeez Gafasa, yesterday, read a letter signed by the Governor, dated 24th March 24, seeking for their approval to access the loan.
The Speaker, who presided over the plenary, explained that the loan was to enable the government complete some ongoing projects as well as embark on new ones.
Gafasa said that the loan, as contained in the letter, would be repaid within 10 years.
The request was subsequently approved after exhaustive deliberations by the lawmakers.
Meanwhile, the House has adjourned sitting to April 13, 2020.
The Speaker directed the members to go back to their respective constituencies and embark on prayers against the COVID-19 pandemic.
Gafasa prayed for God’s protection of all Nigerians against the disease and wished those already infected speedy recovery.
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A former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Olabode George has urged federal government to relax the lockdown it imposed on Lagos State as a result of COVID- 19 pandemic.
George, who made the call in a statement in Lagos, yesterday said the lockdown imposed since March 29 was adversely affecting livelihoods and bringing up security challenges.
He said though government intended to curb the spread of the virus with the lockdown, the directive had left many Nigerians hungry at home without palliatives.
The PDP chieftain noted that there must be a balance between curbing the spread of the virus and protecting livelihoods and asked the government to relax the lockdown while putting safety measures in place.
“Everywhere in Lagos is now locked down. The markets, banking halls, the local grocery shops, the supermarkets, the transportation services are all halted, frozen by the federal government directives since March 29.
“On the surface level, the federal government’s position is to ensure safety, prevent communal spread of the virus and banish this scourge from our shores.
“Lagosians have been staying at home for about a month now. In a largely informal economy where most of our people depend on daily wages, the burden of lack of income is devastating.
“There is a natural growing anger in Lagos as the most vulnerable are ravaged with hunger,” George said.
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