CoronavirusEconomyNigeriaWorld Bank Seeks Accelerated Implementation of NG-CARES by States

ABUJA — The Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES), has urged the 36 states of the federation and the Federal Capital Territory (FCT) to accelerate the implementation of the programmes.

Prof. Foluso Okunmadewa, the World Bank, Lead Specialist, Social Protection, and Task Team Leader for NG-CARES, made the call at a two-day implemention status review meeting with States’ Coordinators on Thursday in Abuja.

The News Agency of Nigeria (NAN) reports that NG-CARES is a World Bank-assisted Federal Government credit project of 750 million dollars.

It is a two-year intervention project aimed at mitigating the impact of COVID-19 on the poor and vulnerable groups.

Each of the 36 states of the federation is expected to get 20 million dollars; FCT will get 15 million dollars, while the Federal CARES Support Unit is also allocated 15 million dollars.

He expressed delight that the programme had started effectively in January, adding that most states were implementing it.

“That is why we decided to sit with the coordinators in all the 36 states and FCT to look at the status of the implementation.

”We will look at what are the things that they have achieved; what is working very well and what is a bit challenging,” he said.

He said that no fewer than 40 million Nigerians were expected to benefit from the programme in three major areas.

“They are: social transfers, basic services in the area of food security and in the area of small and micro enterprises.

” And the totality of the people that are expected to benefit from the 750 million dollars NG-CARES programme within two years time are almost 40 million Nigerians,” Okunmadewa said.

Okunmadewa emphasised the need for all states to accelerate the implementation of the programme.

“We thought it is a good time to call 36 states and FCT coordinators to have a discussion on the programme and it has been going very well.

” We have seen an upswing in the implementation unlike what it was around March this year, where things were not as forthcoming as expected.

“But now in a sizable number of states, even the state governments have added more resources to the resources that were provided as assistance from the World Bank.”

He, however, said that few states were still lagging behind in the implementation.

“We looked at some of the constraints they have, we provided advice and some activities will be taken at the federal level, “Okunmadewa said.

He said that some activities would be taken at the World Bank level to speak with governors and other critical stakeholders.

Earlier,the Chairman Federal CARES Technical Committee, Mr. Aso Vapkoraye, emphasised that the programme would drastically reduce rate of poverty occasioned by the negative impact of COVID-19 pandemic in the country.

” Basically, we all know that when COVID-19 pandemic came up it had negative impact not only in Nigeria but across the globe because it took many people out of jobs, shops were locked and there was no movement.

” So, the programme was put together to solve the problem with a view to cushion the economic impact in such a manner that people that were negatively impacted will be supported.

” That is why it is an economic stimulus and we thank the Federal Government and the Minister of Finance, Budget and National Planning for being very supportive of the NG-CARES programme.”

Also, the National Coordinator of NG-CARES, Dr Abdulkarim Obaje, said that both the World Bank and the Federal Government had requested for a review of the progress that had been recorded by all the states.

He said that the programme was a fast disbursing credit facility from the World Bank, ”which means the money should be disbursed to each state as quickly as possible within the time frame of the programme.”

Obaje extolled the disposition of the World Bank and the Federal Government towards simplifying the processes.

He said this would ensure that all the money, if possible would go down to the states to assist the poor and vulnerable.

“We want each of the states to draw down 20 million dollars over the remaining 12 months of the programme.

” So, if states are not disbursing money fast to the delivery platforms, then it will lead to some inabilities to draw down all the resources.

“Time is against us as we want to fast track implementation as much as possible across all the delivery platforms and throughout all the states,” he said.

On his part, the Head, Nasarawa State CARES Coordination Unit, Mr Umar Dahiru, expressed optimism that the programme would achieve its desired results and lift many people out of poverty in the state, ”based on the political will of the Governor, Abdullahi Sule.”

Follow us

Leave a Reply

Your email address will not be published. Required fields are marked *

WP2Social Auto Publish Powered By :