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Jigawa acquires private varsity for N11bn

Jigawa acquires private varsity for N11bn
Written by Areatatafo
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 The Jigawa State has approved the acquisition of
Khadija , a privately owned institution located in Majia town, for
N11 billion. Sagir Ahmed, spokesperson to the state government, confirmed
the development the development to journalists on Wednesday after the state
executive council meeting. He noted that the move aligns with the government’s 12-point
agenda to enhance access to education in Jigawa. Ahmed explained that the council approved an initial payment
of 40 percent of the total sum, amounting to N4.07 billion, while the remaining
60 percent will be settled in two installments.  “The executive
council approved the purchase of Khadija University, Maji’a by the Jigawa State
Government at the cost of Eleven Billion Naira (N11, 000,000,000.00) only,” the
statement reads. “Similarly, the council has approved advance payment of 40%
to the tone of Four Billion, Seventy Million Naira (N4, 070,000,000.00) only to
the owner of the University, while the 60% balance is to be paid in two
instalments as agreed between the two parties.” In addition to the university purchase, the state government
approved various contracts aimed at improving water access across the state. These include the construction of 89 hand pumps, 35
solar-powered water collection points, and the conversion of one
generator-powered collection point to solar power across the 23 constituencies. The total expenditure for these projects is N411.8
million. Further approvals include the payment of N400 million as
counterpart funding for the federal government’s partnership for the extended
WASH (PEWASH) programme and the rural water supply and sanitation agency
(RUWASA) project. Additionally, the state government has approved the purchase
of 20 new combine harvesters, each costing N62.39 million, with a total
expenditure of over N1.24 billion. An advance payment of N374.34 million was also approved for
AGRA consortium to facilitate the procurement of the harvesters.

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Areatatafo

"Anthony Asiemo is a talented and accomplished individual with a passion for excellence. With a strong background in writing, Anthony has established himself as a respected professional in the blogging industry.

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