By Beatrice Gondyi
Governor Bala Abdulkadir Mohammed of Bauchi State has signed a N40 billion bond facilitated by Emerging Africa Capital Advisory Limited with a pledge to enhance infrastructure advancement in the State.
The Governor who was speaking at Bauchi Government House while presiding over the closing ceremony of bond facilitated by Emerging Africa Capital Advisory Limited, explained that his administration would enhance its partnership with relevant stakeholders to augment the state’s financial stability.
He commended the development partners for the trust and contribution to his administration.
He added that his administration would enhance its partnership with relevant stakeholders to augment the state’s financial stability, adding that the bond of over N40b will enhance the completion of ongoing capital projects across the state.
Bala Mohammed further assured the people of the state that his administration will continue to partner with numerous stakeholders to improve the financial standard, growth, and development of the State.
He stressed that his administration received praise from Toyin Salami, Executive Vice Chairman of Emerging Africa Capital Advisory Limited, for dedication to development.
He also expressed happiness that the partners are willing to support his administration in its endeavours to achieve success through development.
The Governor also said that the bond he plugged for the state would be judiciously used to address the infrastructural development deficit facing the state, especially at the rural areas and grassroots.
He commended the Partnership for having the trust in his government and that a workable financial framework has been developed to ensure the success of the partnership.
Bauchi State’s Commissioner of Finance and Economic Development, Dr. Yakubu Adamu, had earlier thanked the financial institutions and other bond agreement partners for their support.
He promised that the administration of Muhammad will uphold all agreements made for the state’s swift socioeconomic development.
Executive Vice Chairman of Emerging Africa Capital Advisory Limited, Toyin Salami commended Governor Bala Mohammed and his Government for the commitment.
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