The Ogun State government says it has secured a $250 million loan from the World Bank to fund various developmental projects in the state.
A statement by Special Adviser to Gov. Dapo Abiodun on Public Communications, Mr Remmy Hazzan in Abeokuta on Wednesday, said the World Bank approval is the outcome of various interactions between Abiodun and officials of the bank.
He said that the governor was able to convince officials of the Bank that he would see to the judicious application of the fund with the developmental programnes already earmarked for execution in various parts of the state.
He said: “Ogun is one of the six projects approved by the world financial institution to support development priorities across the country.
“It includes improving immunisation, enabling a stronger business environment for the private sector, expanding the digital economy to promote job creation and increasing public and private sector capacity on governance and environmental safeguards.
“It will be recalled that among other steps to demonstrate commitment, Abiodun had to provide offices for the World Bank on the governors’ floor right after he was sworn in to underscore the premium placed on the partnership with the bank,” he said.