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Africa Housing News > Blog > Construction News > North-East Development Commission requires N31 trillion – MD
North-East Development Commission requires N31 trillion - MD
Construction News

North-East Development Commission requires N31 trillion – MD

By Author
Last updated: 2022/12/06 at 5:44 AM
By Author Published December 6, 2022
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North-East Development Commission requires N31 trillion - MD
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North-East Development Commission requires N31 trillion – MD

The North-East Development Commission (NEDC) requires N31.05 trillion to implement its 10-year masterplan for the insurgency-ravaged region, its Managing Director, Mallam Mohammed Alkali, said on Monday.

At a media parley in Maiduguri, the Borno State capital, Alkali said the amount would enable the commission to execute its projects for the region in four phases.

The first phase, according to him, is recovery and stabilisation slated for 2020-2022, renewal, which is second, will cover 2022-2024. The third and fourth phases are expansion (2024-2026) and sustainable growth (2026-2030).

The master plan contains 11 pillars, which are peaceful society, leadership in agriculture, healthy citizens, educated populace, flourishing trade, productive entrepreneurs, purposeful infrastructure, industrialisation, memorable experiences, protected environment and connected region.

North-East Development Commission
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NEDC, Alkali said, would build 18 mega schools in the region for N21.6 billion. The schools would comprise primary and secondary schools, with state-of-the-art facilities.

According to him, there will be one mega school in each of the 18 senatorial districts of the six states in the region.
The states are Borno, Bauchi, Gombe, Adamawa, Taraba and Yobe.

Source: thenationonlineng

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TAGGED: AFFORDABLE HOUSING, Africa housing news, Construction, Housing, Latest Housing News & Updates - Africa Housing News, real estate
By Author December 6, 2022 December 6, 2022
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1 Comment
  • Crie uma conta gratuita says:
    August 13, 2025 at 11:18 am

    Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

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