STATE HOUSE PRESS RELEASE
PRESIDENT BUHARI HAILS WORLD BANK'S DECISION TO SPEND $2.1 BILLION IN REBUILDING NORTH-EAST.
The World Bank has unfolded a package which would see it spending up to $2.1 billion in rebuilding the badly devastated North-eastern part of Nigeria, ravaged for the past six years by the Boko Haram insurgency.
At a meeting in Washington today with representatives of the World Bank, the
Bill and Melinda Gates Foundation, and the World Health Organization (WHO), President Buhari said apart from rebuilding the region in terms of infrastructure, priority must also be given to the resettlement of internally displaced persons (IDPs), who now number over one million.
He urged the World Bank to send a team, which would work in concert with a team from the Federal Government, so that a proper assessment of needs could be done.
The World Bank will spend the 2.1 billion dollars through its IDA (International Development Agency), which gives low interest rates loans to government. The first 10 years will be interest free, while an additional 30 years will be at lower than capital market rate.
The World Bank is eager to move in quickly, give out the loans, and give succor to the people of North-east, long at the mercy of an insurgency that has claimed over 20,000 souls.
WHO is also to invest 300 million dollars on immunization against malaria in Nigeria, while the Bill and Melinda Gates Foundation will collaborate with Dangote Foundation to ensure that the country maintains its zero polio case record of the past one year. If the effort is sustained for another two years, Nigeria will be declared fully free of polio.
FEMI ADESINA
SPECIAL ADVISER, MEDIA AND PUBLICITY
JULY 21,2015
Nkita racha anya ha! Nonsense!
ReplyDeleteAre you displaced ? So shut up and sit down.
DeleteWe hear
ReplyDeleteStory, story!
ReplyDeleteAnother propaganda by the APC!
Promises that can never be fulfilled.
Buhari will finish his tenure and the promises will remain where they are.
Buhari should think of innovative ways to improve the lots of the country instead of running cap in hand to the world Bank and IMF.
Story, story!
ReplyDeleteAnother propaganda by the APC!
Promises that can never be fulfilled.
Buhari will finish his tenure and the promises will remain where they are.
Buhari should think of innovative ways to improve the lots of the country instead of running cap in hand to the world Bank and IMF.
U don't half talk shit,u go d full hog
DeleteIdiota.
DeleteOk,seen
ReplyDeleteAm sure these people will not do us this favour without getting times ten of it in return...their help is always an arrangement to penetrate Africa countries.
ReplyDeleteThough, it has never be their fault, its out corrupt leaders who sell us in a worthless price to them, they turned us to beggars that each time we had to go out to seek for support. Am tired of all these.
Check out How a man had sex with snake
Too much talk dis days n yet nothing visible.
ReplyDeleteThat's how you help your people. Would my fellow southerners learn?
ReplyDeleteHow can we learn with our inferiority complex, always thinking we re maginalised when we have the power to change the status quo.
Delete$2.1 billion on the north-east alone? Okay o! As long as it's put to good use and not laundered.
ReplyDeleteThe issue I'm having is their plans to rehabilitate and rebuild a place that is still being terrorized by these bokos. By the time they are done or even in the process,these people still being active will thrash the effort. Let them not jump the gun, deal with the menace first before rebuilding. Don't put the cart before the horse.
ReplyDeleteJust like that? I mean, what's in for them.those people have hidden agenda.
ReplyDeleteThey don't help unless they have something to benefit from..