President Bola Tinubu has requested approval for a new $516 million loan to fund the construction of the Sokoto-Badagry super highway. The request was conveyed in a letter from Tinubu to the Senate, which was read aloud during plenary on Thursday by Senate President Godswill Akpabio. The proposed loan is intended to finance the ongoing development of the major road project linking Sokoto in the northwest to Badagry in Lagos State. As of the time of reporting, no further details regarding the terms or source of the loan were made public. The Senate has not yet issued a statement on when or how it will respond to the request.
Tinubu is asking for $516 million to build a highway while many communities along the existing route lack basic road access. The same government pushing this loan has not explained how it will prevent cost overruns, given delays on other segments. Nigerians in Sokoto and Badagry are yet to see completion of feeder roads promised years ago. A super highway may ease travel for some, but not if local roads remain unbuilt.
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