Close Menu
Chronicle NG
    Trending Stories
    President Bola Tinubu has approved the appointment of Taiwo Oyedele as the new minister of finance and coordinating minister of the economy.

    Tinubu appoints Taiwo Oyedele as minister of finance

    April 21, 2026
    Cross River records new COVID-19 case, activates response team

    Nigeria records fresh COVID-19 case, activates response team

    April 21, 2026
    Cross River denies Oron–Calabar waterway abduction, says report false and route not approved.

    Cross River denies Oron–Calabar waterway abduction report

    April 21, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Tinubu appoints Taiwo Oyedele as minister of finance
    • Nigeria records fresh COVID-19 case, activates response team
    • Cross River denies Oron–Calabar waterway abduction report
    • Tinubu sacks Wale Edun, Dangiwa as ministers
    • Gunmen abduct 15 in Cross River boat attack
    • Terrorists urge social media users to contribute N10,000 each for Arum’s ransom
    • Terrorists deny killing UNIJOS student after collecting N6m ransom
    • Dangote records first oil production, eyes steady crude supply
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Tuesday, April 21
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Osun secures $65m Islamic bank loan

    Chronicle EditorBy Chronicle EditorMarch 22, 2017No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Facebook Twitter WhatsApp

    Governor Rauf Aregbesola of Osun State
    Governor Rauf Aregbesola of Osun State

    Governor Rauf Aregbesola of Osun has said the state government has secured a $65 million loan from Islamic Development Bank (IDB) to be used to improve water supply in the state.

    The money would be used for the construction of water treatment plant, 17km transmission line from Kajola to Ilesa, booster pumping station and three water reservoirs on the hill.

    “The state will provide counterpart fund of about 40 million dollars for the construction of water distribution system and sanitation,” he said.

    At the celebration of the World Water Day in Osogbo on Wednesday, the governor said the water project was in line with the six-point Integral Action Programme.

    World Water Day is celebrated annually on March 22 and focuses attention on the importance of universal access to clean water, sanitation and hygiene facilities in developing countries.

    The day also focuses on advocating for sustainable management of freshwater resources.

    The first International World Water Day, designated by the UN, was commemorated in 1993.

    Aregbesola was represented at the ceremony by the state’s Senior Consultant on Water Resources, Mrs Tawakalitu Williams.

    He said the government had concluded plans to boost agriculture through irrigation.

    He added that “healthy living cannot be achieved without adequate access to potable water supply.

    “It is due to this recognition that my administration embarked on rehabilitation of water and sanitation facilities in urban, small towns and rural areas of the state.

    “This year’s theme of the World Water Day — “Why Waste water” is also in line with the mandate of the six-point Integral Action Plan of my administration to improve agricultural production to ensure food security in the state.”

    The team leader of the European Union, Mr Adebayo Alao, appreciated the governor’s support and appealed to him to expedite action on implementation of the State Water Sector Law that was assented to in October 2015.

    The guest lecturer at the programme, Prof. M. K. Shridah, stressed the need for the use of good and clean water for healthy living.

    He also commended the governor for efforts toward providing potable water to the people of the state.

    Shridah, a lecturer with College of Medicine, University of Ibadan, said many diseases emanate from water and urged people to ensure that they use clean water. (NAN)

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    President Bola Tinubu has approved the appointment of Taiwo Oyedele as the new minister of finance and coordinating minister of the economy.

    Tinubu appoints Taiwo Oyedele as minister of finance

    Cross River records new COVID-19 case, activates response team

    Nigeria records fresh COVID-19 case, activates response team

    Cross River denies Oron–Calabar waterway abduction, says report false and route not approved.

    Cross River denies Oron–Calabar waterway abduction report

    Tinubu sacks Wale Edun, Dangiwa as ministers

    Tinubu sacks Wale Edun, Dangiwa as ministers

    Gunmen abduct 15 in Cross River boat attack

    Gunmen abduct 15 in Cross River boat attack

    The terrorists who abducted John Arum Azi, a University of Jos student, have denied killing the victim after collecting ransom.

    Terrorists urge social media users to contribute N10,000 each for Arum’s ransom

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    President Bola Tinubu has approved the appointment of Taiwo Oyedele as the new minister of finance and coordinating minister of the economy.

    Tinubu appoints Taiwo Oyedele as minister of finance

    April 21, 2026
    Cross River records new COVID-19 case, activates response team

    Nigeria records fresh COVID-19 case, activates response team

    April 21, 2026
    Cross River denies Oron–Calabar waterway abduction, says report false and route not approved.

    Cross River denies Oron–Calabar waterway abduction report

    April 21, 2026
    Tinubu sacks Wale Edun, Dangiwa as ministers

    Tinubu sacks Wale Edun, Dangiwa as ministers

    April 21, 2026
    Gunmen abduct 15 in Cross River boat attack

    Gunmen abduct 15 in Cross River boat attack

    April 21, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.