The World Bank on Wednesday said
it would soon start the disbursement of $140m under its assisted Community and
Social Development Project to 26 states and the Federal Capital Territory.
The bank, in
a statement issued in Abuja said about $200m (N39.4bn) had been disbursed under
the first phase of the project, thus bringing the total amount provided under
the programme to $340m.
It said the States that benefit
from the additional financing will focus on the most vulnerable households in
poor communities in the country.
Anambra, Kaduna and Sokoto
states, it added will also be given additional funds.
The statement said the additional
financing was expected to fund micro-project facilities such as rehabilitation
and construction of school class rooms, health centres, clinics and skills
acquisition.
Others are rural electrification,
rural transport, community water schemes, community housing schemes and rural
market infrastructure.
It gave a list of vulnerable
groups that would also benefit from special grants as internally displaced poor
persons, marginalised or chronically poor households, widows and the physically
challenged.
The World Bank Task Team Leader
for the project, Foluso Okunmadewa in the statement, stated:
“This project will not only help
vulnerable people in the short term, including those in conflict-affected
areas, but will also help build and rebuild long-lasting partnership between
local governments and communities.
In addition, it will help
integrate communities as well as make smart investments in people for the
future.
“The first phase of the World Bank funding of
the Community Social Development Project, which benefited over 5,600
communities and about two million people in 26 states of the federation, was
fully disbursed by December 2014.”
Source:punchng
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