Categories: EconomyNews

World Bank, Enugu Govt. Earmark N40m For Projects

Dr Maximus Asogwa, the General Manager, State Agency for Community and Social Development Project (CSDP) has revealed that the World Bank together with the Enugu State Government, earmarked about N40 million for various developmental projects in four rural communities in the state.

Asogwa disclosed this in Enugu at the presentation of the first tranche of the fund to the communities on Monday, adding that the projects were in line with the policy thrust of the state government.

He said that the projects to be sited in Umualor, Amede, Olido and Umuadonuowo in Isi-Uzo and Igboeze North local government areas, would include provision of Primary Health Centre (PHC) facilities, electricity, housing and water projects.

The general manager urged leaders of the benefitting communities to use the fund for the projects and
commended Gov. Ifeanyi Ugwuanyi for providing the counterpart fund, as well as creating an enabling environment for accelerated rural development in the state.

He added that the projects were community-driven as the communities were allowed to choose the projects they needed and handle the construction of such facilities.

He said “these projects, namely: boreholes, extension of electricity, schools and others, are to be maintained by the communities.

“The funds are disbursed in three tranches, which are 30 per cent, 50 per cent and 20 per cent. This is to make sure that the funds are not diverted.

“Today, we present the first tranche of about N3 million to each community involved.

The various community leaders who reacted to the gesture, lauded the World Bank, the Enugu State Government and CSDP for providing funds for their “key need’’ projects.

The Traditional Ruler of Olido Community, Igwe Augustine Ageshi, who spoke on behalf of the befitting communities, said: “we cannot thank you enough for providing us the opportunity to get the second necessity of life after the first, which is air.’’

Ageshi, whose community got borehole projects, said that the only way of showing appreciation to the government would be to ensure massive vote for re-election of Gov. Ugwuanyi.

Each of the four communities will get N10 million worth of project totalling N40 million with the projects scheduled to be delivered within six months.

Recent Posts

Oyo LG: Makinde Casts Vote In Ibadan, Speaks On Election Process

The Oyo State Governor, Seyi Makinde has cast his vote in today’s local government election.…

3 hours ago

Man Breaks Guinness World Record, Hugs 1,123 Trees Within One Hour

Ababakar Tahiru, an environmental activist and forestry student from Ghana has broken Guinness World Record…

3 hours ago

LG Election: Voting Begins In Oyo

Voting has begun in several polling units across Ibadan for the local government election in…

3 hours ago

NBS Reveals New Prices Of Rice, Beans, Garri, Others

A recent report by the National Bureau of Statistics (NBS) has revealed new prices of…

3 hours ago

Abuja American School Refunds $760,000 Allegedly Paid By Yahaya Bello To EFCC

The Economic and Financial Crimes Commission has confirmed that it has received the refund of…

5 hours ago

Scores Die, 100 Vehicles Burnt In Rivers Multiple Fuel Tanker Explosion

No fewer than 100 vehicles and unknown number of persons have reportedly been roasted in…

6 hours ago

This website uses cookies.