Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News ENDSARS

#EndSARS Aftermath: World Bank supports Cross River with relief materials

Chidi Emenike by Chidi Emenike
January 5, 2021
in ENDSARS
Cross River State eyes AFREXIM's $500 million funds
Share on FacebookShare on TwitterShare on Linkedin

The World Bank has supported the Cross Rivers State with relief materials to cushion the effects on the destruction of properties in the state during the infamous #EndSARS protests which rocked the state and country simultaneously.

The disclosure was made by the State Commissioner for International Development Cooperation (MIDC), Dr Inyang Asibong as reported by the News Agency of Nigeria.

The support became necessary given the material destruction recorded in some parts of the state. Dr. Asibong stated that the state government through his Ministry had approached the World Bank to seek support, especially in the delivery units of the World Bank Assisted Programme COVID-19 Action Recovery and Economic Stimulus (CARES).

RelatedPosts

Climate Change: FG with World Bank to launch scheme to reduce desertification, environmental challenges

NIN: Why Nigeria may miss World Bank’s 148 million National Identification Number enrolment target

According to Dr. Asibong, two parastatals were severely affected in the state during the protests, namely; FADAMA and Enterprise Development Funding (EDF), with most of the items in the aforementioned agencies looted and vandalized by hoodlums.

In lieu of this, the support from World Bank will be pivotal to re-engineering and preparing members of staff to return to work, in preparation of the Covid-19 Action Recovery and Economic Stimulus (CARES).

News continues after this ad


What you should know

  • Some of the items donated include furniture, 20-seater conference chairs, air conditioners and inverters, laptop computers and printers, virtual meeting equipment, hybrid inverter with solar among others.
  • The platforms that will benefit from the equipment include; CSDA, the state coordinating unit, FADAMA, EDF, Smart City, Public Work Fare and the state Cash Transfer Unit.

What they are saying: Dr. Asibong said: “We know that the poverty index in Nigeria is 40.1 per cent and this is really high. Cross River is lower than the national average, 36.3 per cent, we want to further reduce that our percentage to at least a single digit.

“I want to thank the World Bank for coming to our aid at this point in time and we can assure them we will make the best use of these equipment.”

News continues after this ad


Commenting on the CARES initiative which the relief material is believed to facilitate, Dr. Asibong said, “The CARES is COVID-19 Action Recovery and Economic Stimulus of the government. It is going to be a state-owned project and Gov. Ben Ayade is so committed about improving the lives of residents in the state.”

On the other hand, the Acting General Manager of Community and Social Development Agency (CSDA), Mr Fidel Udie remarked that the donation confirmed the good working relationship between the state government and the World Bank.

Mr Udie stated that the donation would put the state in a good position to participate in the CARES programme. He said: ‘’This programme is basically meant to target the poor and vulnerable in the society. Gov. Ayade was able to follow up with the World Bank and here we have these equipment to help the delivery units to be ready for this programme.’’

Related

Tags: #EndSARSCross Rivers StateWorld Bank

Leave a Reply Cancel reply

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

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • 12 Nigerian states owe their workers at least one month’s salary as of July 2022
    • MailChimp suspends accounts of crypto-related content creators, media 
    • OPEC says Nigeria’s oil production averaged 1.183mbpd in July 2022

    Follow us on social media:

    Recent News

    12 Nigerian states owe their workers at least one month’s salary as of July 2022

    12 Nigerian states owe their workers at least one month’s salary as of July 2022

    August 11, 2022
    Intuit to acquire Mailchimp for $12 billion

    MailChimp suspends accounts of crypto-related content creators, media 

    August 11, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com