Gov. Bala is presiding over the signing of the N40bn series one private bond

Governor of Bauchi State, Senator Bala Muhammad, has reiterated his administration’s commitment to the infrastructural development of the entire state to an enviable status before the end of his tenure.

The governor spoke shortly after signing a bond privately facilitated by Emerging Africa Capital Advisory Limited and other key development partners worth over N40 billion to enhance the completion of ongoing capital projects across the state.

Bala Mohammed further assured the people of the state that his government will continue to work with numerous stakeholders to improve the financial standard, growth and development of the state.

To address the challenges faced by people at the grassroots, the governor stated that the bond he pushed for the state would be used judiciously for the construction of the two flyovers at Wunti and central markets within Bauchi Metropolis as well as other road projects in the whole world. 20 local government areas of the state.

The Governor began by saying that a workable financial framework has been developed to ensure the success of the partnership, commending the partners for their confidence in his administration.

He highlighted that his government was commended by Toyin Salami, Executive Vice Chairman of Emerging Africa Capital Advisory Limited, for its commitment to development.

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He also expressed happiness that the partners are willing to support his government in its efforts to achieve success through development.

The Governor also said that the bond he entered into for the state will be used judiciously to address the infrastructural development deficit facing the state, especially in the rural areas and at the grassroots.

He commended the Partnership for its confidence in his government and for developing a workable financial framework to ensure the partnership’s success.

The Commissioner for Finance and Economic Development of Bauchi State, Dr Yakubu Adamu, had earlier thanked the financial institutions and other partners of the bond deal for their support.

He promised that Mohammed’s government will fulfill all agreements made for rapid socio-economic development of the state.

Toyin Salami, Executive Vice Chairman of Emerging Africa Capital Advisory Limited, commended Governor Bala Mohammed and his administration for their efforts.

He also said the partners are ready to support the governor’s development steps to achieve success.