Bauchi and five other states of the North-East are to benefit from a $250 million intervention provided by the African Development Bank (ADB) in order to develop the region.
The other North East states that will benefit from the grant are Borno, Adamawa, Yobe, Gombe and Taraba states.
Leader of the Bank’s delegation, Mrs Rosemond Offei-Awuku, disclosed this in Bauchi at the weekend at a stakeholders’ meeting with representatives of various ministries and government agencies.
The meeting was held to discuss the various areas of intervention which the money would be disbursed and channelled into.
She said that the grant will enable the bank to key in to the rebuilding efforts of the Nigerian Federal Government for the North East region.
She noted that out of the amount, $150 million will be channelled into the water and sanitation sector while the remaining $100 million will be used for socio-economic interventions in various sectors of economic empowerment like, job creation, skills acquisition and other areas.
Mrs Offei-Awuku noted that the grant was reviewed upwards by the bank after other components were added apart from the water, sanitation and hygiene sector.
Responding, the Bauchi State Commissioner for Water Resources, Mohammed Ghali Abdulhamid, welcomed the delegation to the state and commended the African Development Bank for the support.
Further details later