Nigeria partnered with the African Development Bank to inaugurate a $256 million Inclusive Basic Service Delivery and Livelihood Empowerment Integrated Project (IBSIP) in the North East region of the country.
Speaking at the inauguration in Abuja, Dr Akinwumi Adesina, the President of the African Development Bank, said intervention project would focus on agriculture, water and sanitation.
Adesina, who was represented by a Senior Director in the bank, Mr Ebrima Faal, explained that the project had five states, Borno, Adamawa, Bauchi, Taraba and Gombe as beneficiaries. He noted that the states which were beneficiaries of the loan, would provide empowerment for women and the youth.
The president revealed that 55 percent of the beneficiaries would be women and young people in the troubled North Eastern part of the country. He said the project will touch the lives of millions of people and will be implemented for a period of five years.
Adesina said the African Development Bank had an ongoing project aimed at improving access to water supply and sanitation. He said “the IBSIP seeks to curb fragility aggravated by the insurgency in the North East and the programme is fully aligned with four of five priority areas of the bank known as the bank’s ‘High 5s’. The High 5s are Light and Power Africa, Feed Africa, Industrialise Africa, Integrate Africa and Improve the quality lives of Africans”.
He added that “we developed this programme in response to the Federal Government’s plans for the North East by appealing to development partners to contribute to the recovery and rebuilding the crisis affected states”.
According to Adesina, “the programme would ensure equity by providing access to basic services for all as well as incorporate special gender considerations by ensuring women were active participants in all stages”.
He said the project would also address rural electrification as included integrated energy systems for pumping of water, lighting for institutions and community centres and would also provide cold chains in health units and energy for drip irrigation.