Finance

El-Rufai to approach World Bank for N127.2bn loan

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Gabriel Saleh Zock, a member of the House of Representatives representing Kachia /Kagarko federal constituency of Kaduna State, has confirmed that the state governor, Nasir El-Rufai plans to secure $350m loan (N127, 291, 000, 000) from the World Bank.

Zock, who said himself and his colleagues are committed to the socio-economic development of the state, noted that they will do anything in the interest of the state.

The governor had during the 8th National Assembly applied for the World Bank loan, but senators from the state’s three senatorial zones kicked against it, expressing fear that generations yet unborn would not be able to repay such loan, if granted and taken.

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Speaking with newsmen over the weekend, Zock said: “Our priority is to ensure that we represent Kaduna State effectively. We will ensure that whatever will bring development to Kaduna State is given priority above any other thing.”

He added: “We are at the National Assembly believe that since it is Kaduna people that took us to the assembly, whatever the governor of the state, Malam Nasir El-Rufai , and the people of the state want from us, we will do it for them.”

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