Some core indigenous settlements communities of the Federal Capital Territory (FCT), have been selected for urban renewal projects under a soft loan arrangement from African Development Bank (AfDB) and UN-Habitat.
The Executive Secretary, Federal Capital Development Authority (FCDA), Umar Jibrin said this while speaking with newsmen in Abuja.
The projects according to the Executive Secretary, has been given a new impetus by the present FCT Administration under the leadership of Malam Muhammad Bello.
Jibrin said the settlements include Jikwoyi, Dutsen Alhaji, Gwagwalada and Kuje.
The minister said the move was a demonstration of the Administration’s resolve to complete viable ongoing projects in the FCT, thereby shifting emphasis on the development of satellite towns.
According to him, this will go a long way in opening up the grassroots of the Territory to make them places where people can live, work and raise their children.
Also speaking, the Director, Satellite Town Development Department, (STDD), Victoria Imande said that FCT Administration had submitted proposals which were acceptable to the African Development Bank (ADB) and UN-Habitat.
“As a result, a substantial part of the pre-qualification conditions have been met which include project identification, detailing of scope of work and identification of major problems. Under the arrangement, FCT is shopping for a 300 million dollars syndicated loan by both institutions at an interest rate of between one to 1.5 per cent.The facility would be channeled to addressing the dearth of modern infrastructure among poor communities,’’ she added.
According to Imande, more than over one million people have been projected to benefit from the life improvement projects which include facilities to be provided such as tap water, electricity, roads, sewage and other basic utilities.
“The Administration is working with the Nigeria Infrastructure Advisory Facility (NIAF), consultants to the international agencies to ensure due diligence in the procurement process.’’
She stated that NIAF was already working on the development of the concept note, environmental and social management framework and tentative scope of the project.