Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Netflix Tokenized bStocks Falls on Low Liquidity, Thin Transaction

    September 17, 2026

    NLNG Urges Global Gas Producers to Cut Methane Emissions

    September 17, 2026

    SK Hynix Tokenized bStocks Dips as AI Hardware Profit Forecasts Soften

    September 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Netflix Tokenized bStocks Falls on Low Liquidity, Thin Transaction
    • NLNG Urges Global Gas Producers to Cut Methane Emissions
    • SK Hynix Tokenized bStocks Dips as AI Hardware Profit Forecasts Soften
    • UK Regulator Opens New Crypto Licence Regime 30 Sept.
    • CBN Tightens Market Liquidity, Mops Up N3trn in OMO Bills
    • How Social Media Marketing Shapes Online Casino Growth
    • Naira Softens, FX Transactions Moderated at Interbank Window
    • Fed Hikes Rate by 25bps, Officials Maintain Hawkish Outlook
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, September 17
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Yobe Approves N59.8bn for Road, Other Projects

    Yobe Approves N59.8bn for Road, Other Projects

    Olu AnisereBy Olu AnisereApril 27, 2026Updated:April 27, 2026 News No Comments2 Mins Read
    Yobe Approves N59.8bn for Road, Other Projects
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Yobe Approves N59.8bn for Road, Other Projects

    The Yobe State Executive Council (SEC) has ratified N59.8 billion to fast-track the execution of viable projects and services earlier approved by the state government.

    Alhaji Abdullahi Bego, Commissioner for Home Affairs, Information and Culture, disclosed this shortly after the council’s meeting in Damaturu on Monday.

    The memoranda ratified were on road construction, healthcare services, transport, energy, commerce and sports development.

    Bego said the council approved N34.1 billion for road projects, including 59 Kilometres Kaliyari – Baymari and 53km Bayamari – Geidam.

    He said that N8.5 billion was approved for the construction of Jajimaji Modern Market, external works at Machina and Buni Yadi modern markets.

    “In the transport and energy sectors, the sum of N5.3 billion was ratified for the procurement of new 800KVA power generators and laying of underground armoured cables and switch gears at Government House Damaturu.

    “Procurement and installation of 2,200 units of integrated 100-warts (all-in-one) solar-powered street lights in 11 local government area headquarters at (Bara; Babbangida, Dapchi, Yunusari, Fika, Damagum, Nangere, Jakusko, Jajimaji, Machina and Yusufari,” he said.

    Others are the construction of 33 KV line from Bukarti to Kanamma, procurement of transformer sub-stations and distribution network in Kanamma, provision of new power generators in Specialist Hospital, Family Support Hospital and Yobe State University Teaching Hospital, Damaturu.

    Bego said N5.5 billion has been validated for various healthcare projects, while N3.3 billion for additional works in the ongoing reconstruction and upgrade of the August 27 Stadium, Damaturu.

    Naira Weakens Against Dollar on FX Supply Shortfall

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Olu Anisere
    • Website
    • LinkedIn

    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Keep Reading

    Netflix Tokenized bStocks Falls on Low Liquidity, Thin Transaction

    NLNG Urges Global Gas Producers to Cut Methane Emissions

    SK Hynix Tokenized bStocks Dips as AI Hardware Profit Forecasts Soften

    UK Regulator Opens New Crypto Licence Regime 30 Sept.

    CBN Tightens Market Liquidity, Mops Up N3trn in OMO Bills

    Naira Softens, FX Transactions Moderated at Interbank Window

    Add A Comment

    Comments are closed.

    Editors Picks

    Netflix Tokenized bStocks Falls on Low Liquidity, Thin Transaction

    September 17, 2026

    NLNG Urges Global Gas Producers to Cut Methane Emissions

    September 17, 2026

    SK Hynix Tokenized bStocks Dips as AI Hardware Profit Forecasts Soften

    September 17, 2026

    UK Regulator Opens New Crypto Licence Regime 30 Sept.

    September 17, 2026

    CBN Tightens Market Liquidity, Mops Up N3trn in OMO Bills

    September 16, 2026
    Latest Posts

    Netflix Tokenized bStocks Falls on Low Liquidity, Thin Transaction

    September 17, 2026

    NLNG Urges Global Gas Producers to Cut Methane Emissions

    September 17, 2026

    SK Hynix Tokenized bStocks Dips as AI Hardware Profit Forecasts Soften

    September 17, 2026

    UK Regulator Opens New Crypto Licence Regime 30 Sept.

    September 17, 2026

    CBN Tightens Market Liquidity, Mops Up N3trn in OMO Bills

    September 16, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

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