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    Nigeria-AfDB-Northeast

    AfDB invests $256m to assist troubled Nigeria’s northeast

    APA-Abuja (Nigeria)

    The African Development Bank (AfDB) has invested $256 million to support Nigeria’s effort to rehabilitate homes in the devastated North-East of the country, following the menace of insurgency since 2009.

    Mr. Ebrima Faal, Senior Director, Nigeria Country Department of the AfDB, unveiled at the inauguration of the Inclusive Basic Service Delivery and Livelihood Empowerment Integrated Programme (IBSIP) on Thursday in Abuja.

    “This programme is a very important one, it is responding to the call by President Muhammadu Buhari during the height of tensions in the North-East.

    “Recall that the government created an initiative to see how both the Federal and State governments and also development partners can assist in rehabilitating homes in the North-East.

    “Our response was to develop this programme. It is a 256-million-dollar multifaceted project that includes water, sanitation, agriculture, human capital and creating small businesses for both women and young people,” he said.

    According to Faal, the bank is working in collaboration with other partners, including the World Bank, but that the inauguration is AfDB’s component of the initiative.

    He said the Bank was working very closely with its partners and the government to ensure the efforts targeted towards the rehabilitation of the North-East were not duplicated.

    “So the areas that we are covering are areas where we are in conversation with both the government and the other development partners.

    “They are areas where we have comparative advantage in providing the assistance,” he said.

    Faal announced that the bank had other complementary projects, which it planned to unveil soon, that were also targeted at rehabilitating the citizenry.

    “There is a project called ‘say no to famine project’, will cost 21 million dollars, which we hope to approve by next week.

    “Last week we also approved the National Energy Programme, which is an off-grid energy programme nationwide that will provide energy in places like Adamawa for example and several initiatives.

    “All these programmes complement the inclusive basic services as well, so there is a lot of the bank’s resources in the region,’’ he added.


    MM/GIK/APA

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