NEMA Ad

COVID-19 stimulus: 16 states receive N1.6bn World Bank grant

The National Economic Council (NEC) says 16 states have so far received N100 million grant each from the World Bank to ease the impact of the COVID-19 lockdown.

Governor Abdullahi Sule of Nasarawa State virtually briefed State House correspondents after the virtual NEC meeting presided over by Vice President Yemi Osinbajo on Thursday.

The virtual NEC was anchored from the Presidential Villa, Abuja.

The World Bank recently made a proposal of $1.5 billion to states as part economic stimulus to cushion the impact of the COVID-19 pandemic.

Mr Sule said the council received the Progressive Report of its Adhoc Committee interfacing with the Presidential Taskforce (PTF) on COVID-19 to ease the lockdown of the economy.

He listed the states as Ekiti, Gombe, Niger, Sokoto, Taraba, Oyo, Abia, Enugu, Zamfara, Bauchi, Ebonyi, Kaduna, Kwara, Cross River, Imo and Delta.

The governor said the report stated the summary Review Status of States Incident Action Plan (IAPs) as at August 5.

“All states had submitted IAPs; 35 states cleared by the World Bank; 22 signed Grant Agreement (GA) and 13 yet to return signed GA.

“22 states that signed the GA are –Ekiti, Gombe, Zamfara, Sokoto, Niger, Taraba, Oyo, Abia, Enugu, Plateau, Delta, Bauchi, Ebonyi, Kaduna, Kwara, Cross-River, Imo, Yobe, Ondo, Osun, Nasarawa and Benue.

“Of the 22 states, 16 states had received N100 million grants — Ekiti, GOmbe, Niger, Sokoto, Taraba, Oyo, Abia, Enugu, Zamfara, Bauchi, Ebonyi, Kaduna, Kwara, Cross-River, Imo and Delta.

“Five states next on the list of payment are – Plateau, Yobe, Ondo, Benue and Osun; one state is yet to communicate account details- Nasarawa.’’

The governor said that the key highlights of the current four weeks guidelines of the extended second phase were also presented.

On security, Mr Sule said NEC also received an update by its Adhoc Committee on Security and Policing.

He said that NEC, in its meeting on June 20, deliberated extensively on the persistent security situation in the country, especially the activities of Boko Haram insurgents in the North East, which had remained a delicate challenge.

“Based on this, the council set up an Ad-Hoc Committee on security and policing headed by the Governor of Ekiti State.

“Activities of the Ad-Hoc Committee–the committee met on Thursday August 4 to review the escalating security challenges in the country

“It had a virtual meeting where briefings and presentations were received from the NSA, IGP, Chief of Defence Staff and the Department of State Services (DSS).

“The meeting held to review the escalating challenges in the country observed that insecurity cannot be fully eradicated without addressing the high poverty rate and unemployment level in the country;

“The Office of the NSA has not been adequately funded in the last five years to enable it carry out its mandate effectively.

“State governments have been overwhelmed by insecurity expenditures and there is therefore the need by the Federal Government to inject more funds to augment expenses by the states, amongst others,’’ he said.

He said the meeting made several observations and came up with recommendations that would help government tackle the issue of insecurity in the country.

Mr Sule said the committee’s work was still ongoing as it would be meeting further with stakeholders.

(NAN)

Tags:

We will be happy to hear your thoughts

Leave a reply

Time limit is exhausted. Please reload CAPTCHA.