Areas of statutory responsibilities and functions
Without prejudice to the provisions of its Articles of Association, the Bank may, with the approval of the Minister of Finance, raise funds of such amount (in foreign currency) from anyone or more of the following sources, that is-
(a) the International Bank for Reconstruction and Development (the World Bank);
(b) the International Development Association;
(c) the European Investment Bank and Fund;
(d) the African Development Bank;
(e) bilateral loans and grants on government to government basis;
(f) Shelter Afrique and other donors; and
(g) other multilateral loans and donor agencies.
Power to manage other offshore funds procured for urban development
Funds obtained from the aforementioned sources and other off-shore sources, other than by the Bank, which are meant for urban and infrastructural development projects in Nigeria whether by way of general loans, tied loans, bilateral loans, or grants on government to government basis shall be channelled through the Bank which shall have responsibility for the management of such funds.
Addresses/Contact info of offices in all States and in FCT
Plot No. 977, Central Business Area,
(Adjacent National Mosque)
P. M. B. 272, Garki Abuja.
Tel: 09-6710863; 6706169
No. 52 Ahmadu Bello Way
Legico Bus Stop Victoria Island, Lagos
P. M. B. 80093