Core indigenous settlements in Jikwoyi, Dutse Alhaji, Gwagwalada and Kuje communities of the Federal Capital Territory, have been selected for urban renewal projects under a soft loan arrangement from African Development Bank (ADB) and UN-Habitat.
Executive Secretary, Federal Capital Development Authority (FCDA) Engr. Umar Gambo Jibrin, who dropped this hint in a chat with newsmen recently in Abuja stressed that the momentum behind the project is the Administration’s plan of completing viable ongoing projects in the City and shifting emphasis to the development of the outskirts. This, he indicated, is with a view to opening up the grassroots of the Territory to make them places where people can live, work and raise their children.
Under the arrangement, the Director, Satellite Town Development Department, (STDD), Arc. Victoria Imande said FCT is shopping for a $300 million syndicated loan by both institutions at an interest rate of between 1 to 1.5 percent. The facility would be channelled to address the dearth of modern infrastructure among the poor communities.
According to Arc. Imande, over one million people are projected to benefit from the life improvement projects.
In a statement by The Chief Press Secretary to the Honorable minister of the FCT Cosmas Uzodinma, The Facilities to be provided include water pipelines, electricity, roads, sewage and other basic utilities.
The Administration is working with the Nigeria Infrastructure Advisory Facility (NIAF) who are consultants to the international agencies, to ensure due diligence in the procurement process. NIAF, the Director revealed, is already working on the development of the concept note, environmental and social management framework and tentative scope of the project.