The Presidency yesterday confirmed the 15 major projects spread across the country’s six geo-political zones to be financed with the proposed over $4 billion loan to be sourced from multilateral institutions, under the 2018-2021 medium-term external borrowing plan.
A breakdown of the ‘‘Addendum to the Proposed Pipeline Projects for the 2018-2021 Medium Term External Borrowing Plan,’’ showed that the World Bank is expected to finance seven projects including the $125million grant for ‘‘Better Education Services for All’’. The benefiting states for the agro-processing project are, Kogi, Kaduna, Kano, Cross River, Enugu, and Lagos with the Federal Ministry of Agriculture and Rural Development as the implementing ministry.
Under the external borrowing plan, the World Bank-supported projects also include Nigeria’s COVID-19 Preparedness and Response Project , under the supervision of the Federal Ministry of Health and Nigeria Centre for Disease Control . The World Bank is also funding the Livestock Productivity and Resilience project in no fewer than 19 states and the Federal Capital Territory .
The specific project title, Kano-Maradi SGR with a branch to Dutse, has an implementation period of 30 months and will be implemented by the Federal Ministry of Transport.
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