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FG seeks $1bn loan for irrigation, water supply
FG seeks $1bn loan for irrigation, water supply
CuteNaija
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Monday, August 18, 2014
The Federal Government on Monday said it will seek about $1billion loan from development partners to improve water supply and irrigation in the country.
The loan, which will be sourced from the World Bank, African Development Bank, French Development Agency, European Union, USAID and Islamic Development Bank, will be put to use in 12 states and two River Basin Development Authorities.
The Minister of Water Resources, Mrs. Sarah Ochekpe, said this in Abuja at the 3rd Workshop on Performance Assessment, Benchmarking and Governance Issues of Water Agencies in Nigeria.
Ochekpe, who was represented by the Director, Special Duties, office of the Permanent Secretary of the ministry, Daniel Dauda, explained that the government had in 2004 got a loan of $1billion to boost infrastructure in 12 states.
“The level of success being recorded in the implementation of the program has given us the confidence to plan and support the process of upscaling it to cover water supply and irrigation development in additional 12 states and two River Basin Development Authorities.
“When the on-going process mature, additional facilities of about one billion dollars ($1billion) will be further sourced from the partners,” the minister said.
She said the program will improve access to potable water supply by the citizens.
According to her, the program will also enhance the performances of the state water agencies for sustainable service delivery.
The government, she said, will monitor and evaluate the program closely to ensure service delivery and success. Click to signup for FREE news updates, latest information and hottest gists everyday
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