WORLD BANK APPROVES $75MILLION LOAN FOR OBASEKI

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on Thursday during a visit to Usen in Ovia South-West Local Government Area of the state for his re-election campaign rally, the Governor of Edo state Godwin OBASEKI, has disclosed that the world bank has given his administration a whooping $75 million loan to boost the educational sector in the state

He noted that the Board of the World Bank gave the approval on Wednesday, saying it was in recognition of the successes recorded by his administration in the education sector.

“I am very glad to inform you that our efforts in revamping education in Edo State and Nigeria have now been richly rewarded.

“Yesterday, the Board of the World Bank approved a $75 million facility for the revamping of education in Edo State,” the governor told a crowd of supporters of the Peoples Democratic Party (PDP) at the rally.

According to Governor, education is very important and the state government has begun working to reposition and re-enact the sector, starting with the basic education.

He added, “What that means is that over the next three years, we will have about N40 billion to utilise in changing the face of education in Edo and Nigeria