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Senate Lauds LASG Utilisation Of World Bank Loan

The Senate Ad-Hoc Committee on Development Policy Operation has commended the Lagos State Government for judiciously utilizing the first two tranches of World Bank Loan, DPO I and DPO II, that was approved for the state in 2010 and 2013.

Chairman of the Committee, Senator Kabiru Gaya who led other members of the Committee to inspect some capital projects in the state to which the loan was deployed, expressed satisfaction with the work done so far, urging other states to borrow a leaf from Lagos.

The Committee took time to inspect the 1.36km Lekki-Ikoyi Link Bridge, popularly called the Cable-stayed Bridge, the Cardiac and Renal Centre located within the Gbagada General Hospital and the Light Rail Project along the Mile 2- Orile corridor.

Speaking shortly after the inspection, Gaya said, “I believe I like other members of the team are impressed and if other states can be like Lagos, I believe it’s easier to get this kind of loan and this loan can be utilised for such purposes”. “It’s a very impressive outing, if every facility being utilised in the manner I have seen, I think there is need to give out more loans.

What we have seen on ground is very nice, I appreciate and commend Lagos state government for using the fund for the purpose to which it was collected”.

Also speaking, Senator Chris Anyanwu, who is also a member of the Committee, said the projects inspected to a large extent portray the state as a centre of excellence. “What we have seen so far, from the hospital to the educational sector and the rail way, we know that Lagos is the centre of excellence; and it’s a state that boasts of housing all Nigerians and other international communities.

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