The Enugu State Commisioner for Finance and Economic Development, Mr Godson Nnadi, has said that the State government is expecting loans worth over N8billion this year.
The commissioner made the disclosure weekend while briefing newsmen on the 2012 Enugu State Budget breakdown held at the Unity Hall of the Nigerian Union of Journalists( NUJ), Enugu State Chapter.
According to him, “domestic loans of five billion, five hundred and fifty million, three hundred and forty seven thousand naira(N5,550,347, 000) is expected from internal sources”.
He added that the government also expected the sum of three billion and fifty seven million, four hundred and ninety three thousand naira (N3,057,493,00 from World Bank Loan for Access and Mobility Project (RAMP), World Bank -Assistance for Community and Social Development Project(CSDP), among others.