Taraba Assembly Approves N350 Billion Bonds for Unprecedented Development Drive

 *Taraba Assembly Approves N350 Billion Bonds for Unprecedented Development Drive*

In a historic move aimed at transforming Taraba State’s infrastructure and economic landscape, the State House of Assembly has approved Governor Agbu Kefas’s request for a N350 billion Bonds facility. The approval, granted during Monday’s plenary session, underscores the governor’s commitment to accelerating development and improving the standard of living across the state.

According to the letter sent by Governor Kefas and read by Speaker Rt. Hon. John Kizito Bonzena, the Bonds will finance critical infrastructural projects, including road construction, housing estates, and other key development initiatives spread across various local government areas. This massive investment is set to boost the state’s economic potential, improve connectivity, and enhance social services.

Transformative Impact the N350 Billion Bonds will make in the State.

The approved facility represents a bold and strategic move to drive growth in urban and rural areas alike. With these funds, Taraba will witness:

1. Modernized Road Networks – Improving accessibility and easing transportation of goods and services, thereby stimulating local economies.

2. Massive Housing Projects – Tackling housing deficits by providing modern and affordable homes for residents.

3. Economic Expansion – Generating employment opportunities and attracting investors, thus strengthening Taraba’s economic base.

4. Improved Public Services – Enhancing healthcare, education, and other social services that directly impact the well-being of citizens.

Electricity Concerns and Inclusive Development

During the plenary session, Rt. Hon. Abel Peter Diah, representing Mbamnga Constituency, emphasized the need to address a longstanding concern: the lack of electricity access in the Central Zone of Taraba State. He urged the Assembly to amend the 2025 budget to include provisions for connecting the Central Zone to the national power grid.

With only the Central Zone remaining without electricity, ensuring reliable power supply is crucial to maximizing the full benefits of the infrastructural projects. Electricity is essential for industrial growth, business development, and the overall quality of life for residents in the affected areas.

The approval of this Bonds facility marks a turning point in Taraba’s development trajectory. Governor Agbu Kefas’s administration is making strategic moves to position the state for long-term growth, economic stability, and infrastructural excellence.

While the development projects are set to transform lives, the Assembly’s commitment to resolving the electricity challenge in the Central Zone will ensure that every part of Taraba benefits equally from this new era of progress.

With this funding, Taraba is on the verge of a remarkable transformation, paving the way for sustainable development and a brighter future for its people.

Moving Forward!

Chini Godwill Isaac 

Special Assistant on Media