Business
N’Delta States Get World Bank’s $300m For SEEFOR Projects
The World Bank has approved the sum of 300 million dollars for the implementation of State Employment and Expenditure for Result (SEEFOR) projects in four states of the Niger Delta.
The benefitting States are; Rivers, Bayelsa, Edo and Delta States. A breakdown of this figure shows that, Rivers State will get 80 million dollars.
The SEEFOR Tax Team leader Mr. Jemes Kristensen who disclosed this at a meeting with the Commissioner for Budget Economic Planning Mr. Gogo Levi Charles in his office, said that the 80 million dollars is given to Rivers State for youth employment, technical and vocational training institutions, while additional funding will be made available for the Fadama project.
He said that the team was in the state to meet with all Implementation Agencies with a view to identifying all bottlenecks in the implementation of the project.
The team leader who said that the group was happy to be back in Rivers State, also commended the various Houses of Assembly in the region and the National Assembly for giving approval to the SEEFOR programme.
Responding, the Commissioner for Budget/Economic Planning, Mr. Gogo Levi Charles said that Rivers State is already prepared for the implementation of the programme through the implementation of reforms in public financing and management.
Charles also said that the objective of the government in the project is to ensure maximum benefits for the people of Rivers State.
“You will recall that, when Governor Amaechi took over office, one of the things, he had promised the people was to ensure that everybody benefitted from his administration”, noting that base on this objective, the Amaechi Administration was anchored on good governance.
The Commissioner described the SEEFOR project as a welcome development, stressing that the government had set up a steering committee and other component committees.
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