NewStats: 3,264,981 , 8,185,267 topics. Date: Friday, 13 June 2025 at 03:58 AM 6o3824

This strategic initiative, revealed in a statement by the IsDB, is part of a broader $225 million funding approval designed to propel new development ventures.

Chaired by the esteemed H.E. Dr Muhammad Al Jasser, President and Group Chairman of IsDB, the bank’s 354th meeting of the Board of Executive Directors saw the green light given to two pivotal projects aimed at fortifying socio-economic growth and sustainability in critical sectors.

About the Loan
The $125 million allocation for Nigeria is poised to significantly reduce travel times and costs on major roadways, concurrently enhancing market accessibility and social services for the local populace.

Emphasising inclusivity, the project promises to bolster mobility for all residents, prioritising safe and accessible transport options, notably for vulnerable community segments.

The statemen read:

“Nigeria secured a US$125 million financing package to contribute to the Abia State Integrated Infrastructure Development Project. The project aims to reduce travel times and costs along key roads, while also improving access to markets and social services for local communities.
“Additionally, the project will enhance overall mobility by ensuring safe and accessible transportation for all residents, including vulnerable groups.”

https://nairametrics.com/2024/03/18/abia-state-to-get-125-million-from-islamic-development-bank-for-roads/?amp=1

The hip of the IsDB is suspicious. But Nigerian Politicians have no qualms feasting with the Devil. They don't even need a long spoon.

Any good business person will want to invest in Abia potential. The state is primed to be an economic hub, but blessed with wicked past leaders who love money more than their people

Ijid:
Any creative business person wil want to invest in a state like did Abia potential. The state na big state, but blessed with wicked past leaders wet like money than their people

It's a loan

Governor Alex Otti is doing well for his people and I trust he will make good use of this loan for the greater Abia state

V

Abia state is now an islamic state

we need hisbah in abia state lol

Really?

Namaster:
The hip of the IsDB is suspicious. But Nigerian Politicians have no qualms feasting with the Devil. They don't even need a long spoon.

high voltage ignorance.

@simon ekpa how far nah?

Bleepp

Mehn


Only to loot the Money again

Fulani herdsmen go get free access to land for grazing now🌚

Islam Amaka

Otti is working

What's the big deal? It's a loan.

You collect Islamic money with no interest, but don’t want the spread of Islam in your domain? You’re playing.
Ibo land will soon be turned to an Islamic state Insha Allah. 🤲🏽🤲🏽🤲🏽

.

These loans are usually low interest loans and the moment roads are fixed in the State, investment would flow and Igboland would rise to the glory of what it should be😃

Abia State collecting loan from Islamic Bank

Hehehe


The same islam igb0s hate.

Is God not wonderful?

Dem don finally beg for food from their enemies😀

Moral of the lesson: YOUR ENEMY TODAY MAY END UP FEEDING YOU TOMORROW

Islamic loan no dey get interest/Usury!

Abians should love Islam now!

Blessings comes from God alone

Aboks:
Abia state is now an islamic state

we need hisbah in abia state lol

Namaster:
The hip of the IsDB is suspicious. But Nigerian Politicians have no qualms feasting with the Devil. They don't even need a long spoon.

It is a loan payable with interest.

It's becoming clearer why Governor Alex Otti drew a huge budget that will be financed from borrowing.

As an ex-banker, he has connections in the banking industry. I hope there are clear-cut plans for repaying the loans. This man will go far in leadership!

Aboks:
Abia state is now an islamic state
we need hisbah in abia state lol

It is a loan, it is business.
Christians and muslims do business with each other. Therefore, no babablu.

[center][/center]

Guy has been collecting loan upon loans since he became Abia governor.

On his case, obident plonkers with heavily dented sense of reasoning will tell you that borrowing is the best thing after sliced bread.

Yet these headless hypocrites rush to criticize when others borrow.

Ofodirinwa:


high voltage ignorance.

Yes....he is suffering from acute ignoransia.

Lmao
So Otti don turn Abia into an Islamic state?
Wow, I'm sure that gbajue, the Agulu packaged fraud also known as Yes Daddy religious war Conman will not like this.

Ghoxt:
What's the big deal? It's a loan.

jiz:
Otti is working

LagosFirstSon:
Governor Alex Otti is doing well for his people and I trust he will make good use of this loan for the greater Abia state

Hypocrites 😂
But when Buhari took same loan, you and your fellow urchins were shouting Islamization agenda.

EmmyDJourno:
These loans are usually low interest loans and the moment roads are fixed in the State, investment would flow and Igboland would rise to the glory of what it should be😃

Interest free loans 😎