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A Review On $500 million Project To Be Reviewed By World Bank

augustus by augustus
Nov 10, 2015
in Business
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A review on the  (about N100billion) Nigerian Erosion and Watershed Management Project (NEWMAP) will be reviewed by the World Bank January next year.

This was made known by world bank yesterday saying it would enable it to advance implementation of the project in the country.

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The bank, through NEWMAP, had committed the $500 million to the management of erosion in seven states of Abia, Anambra, Cross River, Ebonyi, Edo, Enugu, and Imo with an eight year project life span.

[vc_row][vc_column width=”1/2″]Its Project Team Lead, Dr. Amos Abu, who spoke when he visited the headquarters of the Federal Ministry of Environment in Abuja yesterday, added that the review would also enable the bank to know the social and environmental issues associated with the project.[/vc_column][vc_column width=”1/2″]Dr. Abu said the bank would also be revealing designs for the new sites where the projects are ongoing, adding that it would discuss with government and agree with the modalities for the review of the project.[/vc_column][/vc_row]

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