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.”
Punch
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