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AfDB And Federal Government Inaugurate $256m Intervention Projects

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The Federal Government of Nigeria has partnered with the African Development Bank to inaugurated a $256M Inclusive Basic Service Delivery and Livelihood Empowerment Integrated Project in the Northeast of the country.

Speaking during the inauguration of the scheme, Dr Akinwumi Adesina, president of the African Development Bank, made it known that the project would be basically geared towards agriculture , water and sanitation.

Speaking on behalf of Mr Akinwumi at Abuja, a top official of the bank, Mr Faal, said five Nigerian North Eastern states will benefit from the program. The states includes Borno , Adamawa , Bauchi, Taraba and Gombe.

Adeshina said the plan is to see the beneficiaries of the loan providing empowerment for women and youth, adding that 55 per cent of those targeted would be women and youths.

The president of the bank added that the scheme is poised to have an impact in the lives of millions of people and that it has initial 5 years frame of implementation .

It was also added that ADB had an ongoing project that is meant to improve access to both water supply and sanitation.

The provision of the loan is meant to improve the quality of life of the people in the regions being aimed, through restoration of basic services.

If implemented adequately, equity will be ensured, as basic services will be provided for all, and women will be actively involved.

For women and young people who are entrepreneurs, training will be made available for them to increase their chances of business opportunities.

Additionally, the scheme would tackle rural electrification, as there are plans to put in place vital things like integrated energy systems for pumping of water and lighting for institutions.

Tijani Tumsah, the Vice Chairman of the Presidential Committee on the North East Initiative, in his speech, explain that the scheme was in line with what the government keeps running towards to achieve in the country.

Tijani expressed his gratitude to the African Development Bank for their support, and he empahsied that PCNI is ready to implement all projects when due.

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