Highlight

Adamawa likely to lose World Bank support, Project Coordinator says

236
  • Hundreds of unemployed graduates could be affected
The home state of Abubakar Atiku, the presidential candidate for the People’s Democratic Party (PDP), may likely lose its World Bank support in growing its food if it fails to pay up its counterpart funding in the ongoing national project,  Fadama Additional Financing, the national coordinator of the project, Tayo Adewunmi has said.
This could potentially prevent unemployed graduates under the Fadama Guys Scheme from benefiting from allowance payments once monies are disbursed, except the state quickly pays up, the national coordinator said.
“It is disheartening that Adamawa owes about N60 million counterpart fund which the government was yet to pay according to the signed project agreement.
“For  the AF II, which is an emergency intervention support by the Federal Government and World Bank, it is worrisome that the government has not contributed anything since the programme started,” Adewumi said through Peter Ajibaiye, who heads the Monitoring and Evaluation Department of the National Fadama Project Coordination Office, Abuja.
According to him, Adamawa is the only north eastern state that has failed to pay the counterpart contributions out of the six states ravaged by the Boko Haram insurgency and this might force the World Bank to withdraw its support from the state.

Leave a comment

Related Articles

FG begins N50 electronic levy deductions on Opay, Moniepoint, Kuda transactions

The Federal Government has commenced the deduction of a N50 electronic levy...

Just in: Fire destroys Abuja estate market

An early morning devastating fire swept through the only market in Trademore...

Just in: Nigerian Society of Chemical Engineers Declares Port Harcourt Refinery Operational

The Nigerian Society of Chemical Engineers (NSChE), the highest body of chemical...

Manchester United Crush Everton 4-0 in Season’s Biggest Premier League Win

Manchester United delivered a commanding performance at Old Trafford on Sunday, securing...

Brazil-based Nigerian businessman busted for allegedly importing 700g of cocaine at Lagos airport

For allegedly importing 700g of cocaine into the country, a 50-year-old Nigerian...

Afenifere, Ohaneze, ACF, others advocate regionalism, parliamentary system

Afenifere, Ohaneze, and the Arewa Youths Consultative Forum (ACF) have taken a...

My wife took my letter to Abacha at night to spare Obasanjo’s life over 1995 phantom coup – Gowon

A former Head of State, retired Gen. Yakubu Gowon, has revealed that...

Herbalist Hospitalized After Failing ‘Bulletproof’ Charm Test

A local herbalist, Ismail Usman, is fighting for his life after testing...

Alleged Cybercrime: Court grants N1bln bail to 109 alleged foreign hackers

Justice Ekerete Akpan of a Federal High Court in Abuja has granted...

2024: My most transformative year—Tonto Dikeh

Nollywood actress and politician, Tonto Dikeh King, has declared 2024 the most...

Sokoto Governor invests in massive schools maintenance, approves N200,000 monthly to principals for upkeep

In a bold step towards efficient running and maintenance of secondary schools...

Court clears 50 IPOB members of terrorism charges

Justice James Omotosho of the Abuja Federal High Court has cleared at...

Alleged N80.2bln fraud: Court rejects EFCC’s request to arraign Yahaya Bello in lawyer’s absence

Justice Emeka Nwite of the Federal High Court in Abuja has rejected...

France-Nigeria business cooperation agreement: UBA Group to commence full banking operations in France

As part of the fallout of President Bola Tinubu’s state visit to...

Port Harcourt Refinery: Fani-Kayode slams naysayers, critics, says oil business not cement, sugar marketing

Mr. Femi Fani-Kayode, one-time Minister of Tourism and Culture, has launched a...

NNPC Ltd’s Executive VP, Udobong Ntia, Urges Transparency, Governance in Nigeria’s Upstream Sector

Nigerian National Petroleum Company Limited’s (NNPC Ltd) newly appointed Executive Vice President,...

Tinubu in Paris, Seeks France’s Robust Partnership to End Migration, Promote Economic Growth

President Bola Tinubu has called for a robust partnership between Nigeria and...

Just in: Amid opposition, tax reform bills scale second reading in Senate

The Senate on Thursday passed the tax reform bills for the second...

Just in: Reps confirm Gen. Oluyede as Chief of Army Staff

The House of Representatives confirmed Lt.-Gen. Olufemi Oluyede as the substantive Chief...

Insecurity: FCTA taskforce raids ‘One Chance’ robbery hotspots in Abuja, scores arrested

In a bid to curb crime and enhance security in the nation’s...