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

Bayelsa Correctional Centre Registers Team for 2026 Prosperity Cup

The Bayelsa State Correctional Centre has registered a football...

Nasarawa North CAN Backs Gov. Sule, Urges Senate Bid in 2027

By Abel Zwanke, LafiaThe Christian Association of Nigeria (CAN)...

Delta Approves Over ₦400bn for Roads, Security, Infrastructure Projects

By Anne AzukaThe Delta State Government has approved infrastructure...

Eggon Stakeholders Endorse Ombugadu for Nasarawa North Senate Seat

By Abel Zwanke, LafiaThousands of stakeholders from the Eggon...

A’ibom: Police burst Human rrrrTrafficking Syndicate, rescue four

 By Ogenyi Ogenyi, UyoPolice Operatives in Akwa Ibom have ...

Shared Future, Shared Journey: Building an Eco-Friendly Modernization Together

(By H.E. Yu Dunhai, Chinese Ambassador to Nigeria)Balancing development...

DWI defends Ribadu, faults Ishola Williams’ call for security overhaul

Democracy Watch Initiative, DWI, has strongly criticised recent remarks...

ADC tackles Bolaji Abdullahi over plot to hijack Party leadership

A faction of the African Democratic Congress, ADC, has...

ADC warns Bolaji Abdullahi over alleged misuse of Party name, logo

Board of Trustees, BoT, and National Working Committee, NWC,...

GMI hails Tinubu’s UK State visit, describes trip as “Triumph for the Common Man”

Grassroots Mobilisation Initiative, GMI, has commended President Bola Ahmed...

DWI defends Ribadu, faults Ishola Williams’ call for security overhaul

Democracy Watch Initiative, DWI, has strongly criticised recent remarks...

Debunking General Williams’s Calls For Changes In Nigeria’s Security Leadership

By Abdul-Azeez SuleimanIn discussing Nigeria's security situation, General Ishola...

Related Articles

Popular Categories

spot_imgspot_img