The Board of Directors, African Development Bank (AfDB), has approved a loan of 115 million dollars to support a major road rehabilitation project in Abia State, Nigeria.
According to a report by the News Agency of Nigeria (NAN), this is contained in a statement issued by the Nigeria Country Department of the bank on Saturday in Abuja.
The project would see to the rehabilitation of roads, erosion control infrastructure and preparation of solid waste management facilities in the state capital, Umuahia, and the commercial hub, Aba.
“Financing for the project estimated at a total cost of 263.80 million dollars, will come through an AfDB loan of 100 million dollars.
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