Business
W’Bank Team Begins Project Inspection In Edo
The World Bank Implementation Support Team has ranked Edo State high in transparency and accountability in the implementation of the State Employment and Expenditure for Results (SEEFOR) among four partnering states in Nigeria.
The leader of the support team, Mr Isimaila Ceesay, disclosed this when he led other members of the team on a courtesy visit to Edo Governor, Godwin Obaseki, at Government House, in Benin, on Monday.
Ceesay said that the team was on a working visit to assess the execution of the various components of the SEEFOR Projects in the four implementing states of Edo, Delta, Bayelsa and Rivers.
“Edo is one of the four states that produce the financial statements and have them audited within six to seven months and published the report.
”We want the state to remain a beacon of financial accountability,” he said.
He said that Edo was doing well in the implementation of the component A1 of the SEEFOR project, which is the creation of direct jobs for unemployed youths in the state.
The team leader, however, said that the Technical and Vocational Education Training (TVET) component of the project which had huge resources attached to it had been stalled.
He expressed fears that the funds might be lost if nothing was done within the stipulated timeframe.
He urged the state to reactivate FADAMA activities as the SEEFOR project uses the platform of FADAMA for implementation of the community development component of the project.
The team leader said that the support team was ready to work with the state team executing the project to address challenges confronting the inactive components of the SEEFOR project.
The governor said that his administration would work with the team to develop working plans to reactive the TVET and Fadama activities in the state,
Obaseki said that the drawback in the full implementation of the TVET component was due to the ongoing restructuring in technical and vocational system in the state.
He said that his administration was ready to domesticate the SEEFOR project for the revamping of the state economy.
The governor said that the state under his administration had paid over N400 million counterpart funds for World Bank assisted projects.
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