Business is booming.

AfDB okays €362,000 funding for Yobe Basin Trust Fund

By Yemi Olakitan

A grant agreement of 362,000 euros was signed by the African Development Bank (AfDB) with the Hadejia Jama’are Komadugu Yobe Basin-Trust Fund.

The money, according to a statement from the bank, will be used to conduct more studies as part of the second phase of creating a strategic plan for managing water resources in Northern Nigeria’s Komadugu-Yobe Basin.

“Specifically, the grant will support the construction of a stakeholder engagement plan and a resettlement action plan (RAP) for the Challawa Gorge Dam Watershed Management Project.”

The statement added, “It will support riparian communities’ stakeholder dialogues, a grievance resolution process, and the Lake Chad Basin Commission, which consists of Cameroon, Chad, Nigeria, and Niger Republic.”

The Hadejia-Jama’are-Komadugu-Yobe Basin Trust Fund will carry out the project, which will take eight months.

The six states of Bauchi, Borno, Jigawa, Kano, Plateau, and Yobe, along with the Federal Government of Nigeria, jointly pay the Trust Fund, the statement says.

According to Lamin Barrow, Director-General of the Bank’s Nigeria Country Department, the plan will guarantee the local population’s long-term water security.

Barrow said the Komadugu Yobe Multi-Purpose Water Resources Development Programme would promote environmental sustainability, improved livelihoods, and socioeconomic development.

Dr. Hassan Bdliya, executive secretary of the Hadejia Jama’are Komadugu Yobe Trust Fund, lauded the bank for continuing to assist the sustainable management of water resources in the Komadugu-Yobe Basin.

“We are quite grateful to the AfDB for its support. Since 2016, the bank has been helping us, and the impact of that help has been enormous.

“The people living in the Komadugu-Yobe Basin will benefit from the implementation of this project.

“The Hadejia Jama’are Komadugu Yobe Trust Fund will work carefully with all stakeholders to ensuring the studies are completed on schedule. Because of the enormous long-term benefits it would provide to the people of six States in Northern Nigeria, the Federal Government has made the Komadugu Yobe Multi-Purpose Water Resources Development investment programme a top priority.

“Also, it supports the nation’s development goals, such as Vision 2050 and the Medium-Term National Development Plan (2021-2025),” she said.

The Hadejia-Jama’are-Komadugu-Yobe Basin Trust Fund, established in 2006, is a cutting-edge platform for cooperative action by the riparian governments.

With the assistance of the Federal Government, line agencies can be strengthened to better address the problems with the land and water resources in the Komadugu Yobe Basin.

Quality journalism costs money. Today, we’re asking that you support us to do more. Support our work by sending in your donations.

The donation can be made directly into NatureNews Account below

Guaranty Trust Bank, Nigeria

0609085876

NatureNews Online

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Footer Image