The second phase of Rural Access Mobility Project (RAMP II) in Nigeria will be sponsored by the World Bank and the French Development Agency (AFD) with 3.6 million U.S. dollars, an official has said.
The development communication officer for the project, Ifeanyi Okereke, disclosed this in a statement issued in Abuja on Saturday.
The World Bank provided 2.6 million dollars, while the AFD contributed one million dollars, the communication officer said.
According to him, the project was co-funded by the World Bank and the AFD with the Nigerian government.
Nigeria provided the counterpart funds in the form of project Preparatory Funds to prepare the states for participation in RAMP, the statement quoted Okereke as saying.
The Nigerian government through the Federal Ministry of Finance signed for the loan on behalf of the states and stands as a guarantor for the states, the official added.
Four new states, Enugu, Osun, Adamawa and Niger were selected to participate in RAMP II.
The development communication officer for the project, Ifeanyi Okereke, disclosed this in a statement issued in Abuja on Saturday.
The World Bank provided 2.6 million dollars, while the AFD contributed one million dollars, the communication officer said.
According to him, the project was co-funded by the World Bank and the AFD with the Nigerian government.
Nigeria provided the counterpart funds in the form of project Preparatory Funds to prepare the states for participation in RAMP, the statement quoted Okereke as saying.
The Nigerian government through the Federal Ministry of Finance signed for the loan on behalf of the states and stands as a guarantor for the states, the official added.
Four new states, Enugu, Osun, Adamawa and Niger were selected to participate in RAMP II.
Source: XINHUA
