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World Bank programme gulped N46bn in Nigeria

19 December 2013, 11:30

Abuja-  The  Representative of the World Bank in Nigeria, Marie-Francoise Marie-Nelly  said the Community and Social Development Programme(CSDP) of the bank had gulped N46 billion since inception.

She made this known in Abuja during the Project Team Review Programme to assess the outcome of the programme since 2009 in 26 states.

 “The project has performed satisfactorily in 26 states as well as the FCT. It essentially disbursed all the resources, 99 percent.

In his address, Governor. Liyel Imoke of Cross River, enumerated the achievements of the programme in the state.

“As at today, our partnership with the World Bank under the CSDP has resulted in funding of 192 community development plans comprising 531 micro projects, with 499 of these micro projects completed and in use.

“For us, we provided more than N1 billion for this initiative because it makes sense to fund this initiative.

“We as a state remain unrelenting in our efforts to ensure that the gains reach every nook and cranny of Cross River State and affect our people much more positively.”

Similarly, Governor Idris Wada of Kogi, who was represented by Joseph Daniel, the state’s Chief of Staff, said additional funds would be provided to support the programme.

 “We have fully paid up the N100m in the 2013 budgetary provision to the Community and Social Development Agency.

“Kogi State has, therefore, met all its obligations in the current subsidiary credit agreement with the World Bank for funding the Community and Social Development Project.

“Furthermore, I wish to say that I have released over N47m for the construction of the agency’s head office.

“I also directed the transfer of additional N50m to the agency in order to extend funding support to more communities in the state.

“I am happy to state unequivocally here that Kogi State Government is willing to pay more," he said.

-    NAN


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