Shettima commends World Bank, Others for Humanitarian Support to Borno
Fri, Oct 6, 2017 | By publisher
Business Briefs
THE World Bank has earmarked $50 million to fast track the implementation of Fadama III in north east Nigeria. Tunji Oredipe, lead economist, World Bank said the funds were provided to support Fadama programmes, enhance food assistance, provide livelihoods and facilitate the rehabilitation of infrastructure in communities ravaged by the insurgents.
Oredipe made this known during the signing of a Memorandum of Understanding between the bank, Fadama III and Borno government on Thursday, October 5, in Maiduguri. He said 27 local government areas selected from Adamawa, Borno, Gombe and Yobe were expected to participate in the programme.
Maiduguri and Jere local government areas were selected as pilot areas of the projects in Borno. He explained that about 192,000 people were expected to benefit from the programme in the participating states.
“The aim is to increase crop production, provide skills training, income generating activities and build resilience. The programme will also provide cash support to encourage food security and nutrition.”
According to him, the bank is working in collaboration with World Food Programme, WFP, and International Community of Red Crescent to address food and humanitarian crisis in the region.
Governor Kashim Shettima of Borno State commended the gesture, noting that it would go a long way to address the humanitarian crisis in the region. He said about 7,500 households would participate in the pilot project in Maiduguri and Jere Local Government areas. The governor, who noted that the programme would assist in reducing poverty, hunger and diseases, also commended the WFP, World Bank and other organisations for their humanitarian interventions in the state.
– Oct. 6, 2017 @ 11:56 GMT |
Related Posts
2024 winners emerge, as FirstBank/JAN partnership produces 1.5m student entrepreneurs
FIRSTBANK Plc, in partnership with Junior Achievement Nigeria (JAN), a non-profit organisation, has produced new winners in its 2024 National...
Read MorePolaris Bank wins ‘Best in MSME lending’ award
Polaris Bank has emerged winner as Nigeria’s topmost bank in lending to the Micro Small and Medium Enterprises (MSMEs). The...
Read MoreMTN Nigeria becomes headline sponsor for 20th AKWAABA
MTN Nigeria has partnered with the AKWAABA African Travel Market, as its headline sponsor for the 20th anniversary, slated to...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.