Govs Move To Access $500m World Bank Funds

Nigeria Governors Forum has begun steps to access $500 million dollars from the World Bank to improve infrastructure and other development activities in the 36 states of the federation.

Chairman of the Forum and Governor of Zamfara State, Abdulaziz Yari Abubakar disclosed this yesterday after receiving briefing alongside other governors from some international and local agencies on the Millennium Development Goals, MDGs, at the State House, Abuja.

According to him, the governors received assurances from the Nigerian National Petroleum Corporation, NNPC, that it was fully ready to fund the country’s economy through efficient delivery of its mandate.

“There are funds from the World Bank which states cannot access because we don’t know how to move forward as a result of lack of expertise. Permanent Secretary, Ministry of Health briefed us on how we can access the $500 million in that area.

“Second, we used to complain of the NNPC, but with the facts we have got today, it is different in the sense that the NNPC is going to be a different organisation. It is going to fund the economy fully in the sense that there won’t be any question of pipeline breaking or stealing of oil. We have taken care of that Instead of using the military only, why don’t we use technology to safeguard our pipelines?” he said.

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