Federal Govt Secures $700m World Bank Loan To Improve Water Supply

“We relaunched the water resources policy in 2016. We have been able to generate from the world bank $700m. This money is not going to be spent by the federal government; it is going to the states for them to improve their water supply situation,” the minister said.Seven states are expected to be beneficiaries of the first phase of the World Bank loan.

He added that the World Bank had committed 700 million dollars to support Nigeria in its National WASH Action plan towards revitilisation of the sector through the Sustainable Urban and Rural Water Supply and sanitation Hygiene programme. “What Nigerians need to understand is that the federal government is not responsible for providing water in their taps, that is the responsibility of state governments and that is why we don’t have a Federal Water Board.

Adamu expressed confidence that the National Water Resources Bill, currently before the National Assembly, will be passed in 2022. Secretary to the Government of the Federation , Mr. Boss Mustapha, expressed regret that civil servants have, for long, not been incentivized and rewarded.

Source: Loan Digest (loandigest.net)

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