“The project is based on a loan amounting USD700m for implementation within a period of 6 years,” he said.
He said, “All 20 Northern states including the FCT have been deemed eligible for ACRESAL support based on their low Aridity index. “All states will have access to TA funding, towards strengthening their readiness for implementation”He said while there is desertification and desert encroachment in the North, there is loss of vegetations and incidences of different types of erosion in the South, gully erosion but also in the North,you could see incidences of gully as far as Gombe , Katsina and Sokoto state. It is not just limited to the Southern parts of the country.
He said, “Nigeria is an important country for world bank because that is where is alot of poverty but there is also alot of opportunities in Africa interns of looking at what can be done in water resources and environment management, agriculture and there has been alot activities that can be consolidated into a longer term problematic foundation as well as focus on the most difficult places to work with such as the Northern Nigeria.
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