Nigeria: FEC Okays N38.28bn W'bank Loan for Roads

11 June 2008

Abuja — The Federal Executive Council (FEC) approved the International Development Association (IDA) credit of $330 million (N38.28 billion) for the first phase of improvement of road infrastructure in Nigeria under the federal roads development project.

The meeting was chaired by President Umaru Yar'Adua, who left midway for France on a three day visit.

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