The European Union says it will support Delta State with $17 million (about N3.3 billion) out of its $80 million grant to four states in the Niger-Delta region.
The money is part of the World Bank, EU and Delta-sponsored State Employment and Expenditure for Results (SEEFOR) project.
The World Bank’s Task Team Leader, Ismaila Sessay, disclosed this during a visit to the State Commissioner for Economic Planning, Kingsley Emu, on Monday in Asaba. He named the four states benefiting from the grant as Bayelsa, Edo, Delta and Rivers.
The five-year programme which started in 2013 is being financed by the World Bank to the tune of $200 million with Delta receiving $39.7 million(N7.9billion) in total.
With the additional $80 million financial support from EU, Sessay said Delta was expected to receive $17 million (N3.3 billion) grant. Sessay, also Head of Financial Management, World Bank, said the EU’s grant might create room for two years extension of the programme thereby attracting more relevant projects.
He said the team would be in Delta for few days to assess and review the mid-term implementation of the SEEFOR. According to him, with the EU coming into the project with its grant, there is need to widen the scope of SEEFOR and scale up the process.
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