x

“$750 million grant has been approved” Obaseki

By Jennifer Y Omiloli

Mr. Godwin Obaseki, Edo State Governor, will chair the Nigeria Governors ‘ Forum (NGF) committee that will engage with relevant government agencies and find ways to access a $750 million grant from the World Bank.

Obaseki, who disclosed this on arrival at Benin Airport after a series of meetings in Abuja, said the grant was approved for $750 million, adding that the disbursement will begin soon.

He said the grant from the World Bank to the 36 states of Nigeria would help improve democracy, transparency and the physical environment, noting, “There is a World Bank Support for states and the Governors’ Forum asked me to chair a committee that will interact with relevant agencies; Ministry of Finance, the World Bank and the Auditor-General’s Office, to see how we can ensure that the facility is well utilised.

“The grant has been approved; we are at the disbursement stage. But there are conditions that must be met before the money can be assessed by the states in the next four years. We are very hopeful that by the end of the year, we will be clear as to when the disbursement will occur,” he said.

The governor added that the Edo government won’t have a problem accessing the grant.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Dr. Uduak Silas Obot Laid to Rest in His Country Home

Amgbare Ekaunkumo, YenagoaThe remains of Dr. Uduak Silas Obot,...

Bayelsa Governor Lauds Security Agencies for Synergy

Amgbare Ekaunkumo, YenagoaBayelsa State Governor, Senator Douye Diri has...

Bayelsa Cult Attack Claims Two Lives

Amgbare Ekaunkumo, YenagoaTwo Niger Delta University graduates were brutally...

B’Haram: Zulum approves 35 patrol vehicles, motorcycles for Borno community

By Achadu Gabriel, KadunaBorno State Governor, Babagana Umara Zulum,...

Adulterated soya beans oil producing factory discover in Kaduna

By Achadu Gabriel, kadunaApparently owing to severity of hardship...

Judge Faces Compulsory Retirement for Misconduct in Kogi

By Noah Ocheni, LokojaAn area court Judge, Alemeru Adekunle...

Wike Hints, Tinubu’s Behind ICC Facelift To World Class Facility

By Joyce Remi-BabayejuThe FCT Minister Barr. Nysome Wike has...

NCSP DG Tegbe partners NIPC to Boost Chinese Investment in Nigeria

In a significant step toward enhancing foreign direct investment...
spot_img

Related Articles

Popular Categories

spot_imgspot_img