World Bank approves $700m for climate project in Nigeria
The World Bank has approved a $700m credit from the International Development Association for the Nigeria Agro-Climatic Resilience in Semi-Arid Landscapes Project. THE PUNCH reports.
This was contained in a press statement issued on Thursday by Mansir Nasir, the Bank’s Senior External Affairs Officer for Nigeria. Information Guide Nigeria
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The statement reads thus: “The World Bank approved a $700m credit from the International Development Association for the Nigeria Agro-Climatic Resilience in Semi-Arid Landscapes Project.
“The project will increase the implementation of sustainable landscape management practices in northern Nigeria and strengthen the country’s long-term enabling environment for integrated climate-resilient landscape management.” jamb results
The World Bank Country Director for Nigeria, Shubham Chaudhuri, was quoted as saying, “Nigeria is faced with water scarcity and droughts which occur every five years, on average, with the potential to increase in frequency due to climate change. This scenario not only threatens food security, livelihoods, and productivity but also exacerbates fragility and increases the risk of violence.
“With communities and households that are most dependent on natural resources for their survival and vulnerable to desertification, this intervention will improve multi-sectoral watershed planning and investments to help about 3.4 million direct beneficiaries adapt to evolving dryland conditions”.
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