FEC’s approval for scale-up of RAMP II to include Imo State
— 16th May 2018
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Juliana Taiwo-Obalonye, Abuja
The Federal Executive Council (FEC) on Wednesday approved that Imo State be included in the $60 million line of credit from the French Development Agency (AFD) for the scale-up of the Second Rural Access and Mobility Project (RAMP II).
Minister of Finance Mrs Kemi Adeosun presented the Memo at the Federal Executive Council (FEC) presided over by President Muhammadu Buhari.
The National Assembly had, in the 2010 External Borrowing Plan of the Federal Government of Nigeria, approved AFD’s credit facility of $60 million to implement RAMP in Imo State.
Adeosun said the development objectives of the project, like the first phase (RAMP I), is to improve…
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