Edo govt backs 100bn credit facility for infrastructure projects

Benin City, June 25, 2025 — The Edo State Government has clarified that it is not directly borrowing N100 billion, but rather acting as a guarantor for a contractor financing scheme to fast-track critical infrastructure across the State.

In a statement issued on Wednesday by Fred Itua, Chief Press Secretary to Governor Monday Okpebholo, the government explained that although the Edo…