The Niger State House of Assembly has unanimously approved Governor Mohammed Umar Bago's request to secure a N70 billion bond for infrastructure development across the state.

The approval came following a detailed presentation by Hon. Aliyu Sheshi Wushishi, Chairman of the House Standing Committee on Finance and representative of Wushishi Constituency, who outlined the committee's findings on the bond request.

According to Wushishi, the committee conducted a comprehensive review that included consultations with key stakeholders such as the Ministry of Finance, Niger State Planning Commission, Fiscal Responsibility Commission, and the Debt Management Office.

The investigation revealed that the N70 billion request forms part of a larger ₦100 billion NCNI Private Bond Issuance planned over a 10-year period. This long-term financial strategy aims to address critical infrastructure needs across the state.

Following the committee's recommendation, the House members voted in favor of the bond issuance. Speaker Rt. Hon. Abdulmalik Mohammed Sarkin-Daji subsequently directed the Clerk of the House to communicate the formal approval to the Executive arm of government.

This approval marks a significant step in Governor Bago's infrastructure development agenda for Niger State, potentially enabling the administration to embark on major projects that could transform the state's infrastructure landscape.

The bond issuance is expected to fund various infrastructure projects, though specific details of the planned developments have not yet been disclosed in detail to the public.