Bauchi Government Secures $91.6 Million Infrastructure Financing from ECOWAS Bank

Bauchi State Government has secured a $91.6 million infrastructure financing agreement with the ECOWAS Bank for Investment and Development (EBID) after 18 months of negotiations. The deal, which has federal government backing, is set to be accessed in August and will be captured in the 2026 budget.

Governor Bala Abdukadir Mohammed expressed confidence that all current road projects will be completed before his administration ends. The financing will also cover new road projects, including the Mararraban Liman Katagum-Bununu, Soro-Miya, Gumau-Kaduna border, and Bara-Wanka roads. Additionally, stalled urban renewal projects, such as roads within the Government Reserved Area and bridges in Bauchi metropolis, will resume with full financial backing.

The governor stated that these investments are expected to reduce travel time, enhance access to agricultural communities, address infrastructure deficits, and strengthen Bauchi State's position as a growing hub for economic development and connectivity.

In parallel, the Bauchi state government signed two Memoranda of Understanding (MoU) with Saudi Arabia's Golden Contractors Group. The first agreement focuses on delivering annual Hajj services to the state government, supporting improved service delivery and institutional capacity during the spiritual exercise. The second agreement establishes a framework for collaboration in agriculture, mining, infrastructure, tourism, and hospitality, sectors identified as having significant investment potential within Bauchi State.