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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