The World Bank has extended its funding support for the implementation of the Community and Social Development Project (CSDP) in Nigeria.
The CSDP is a community-driven development project aimed at improving access to services for human development at the community level.
A statement by the Information and Communication Officer of CSDP, Malam Suleiman Odapu, said the World Bank conveyed the approval in a letter addressed to the Minister of Finance, Budget and National Planning, Zainab Ahmed, and copied to the National Coordinator of CSDP, Dr Abdulkarim Obaje.
The financing support for the project was extended by three months.
In the letter that conveyed the extension, Shubham Chaudhuri, World Bank Country Director for Nigeria stated, “We are pleased to inform you that the Association has accordingly, extended the closing date of the project and associated credits to Dec. 31, 2020 as the later date for purposes of Section IV.B.2 of Schedule 2 of the Agreements”.
The CSDP was earlier scheduled to close on Sept. 30, 2020 but the Federal Government of Nigeria had on Sept. 22, 2020 written to the World Bank requesting for an extension of the closing date of the Project.
The Federal Government cited the need to strengthen the institutional framework for the implementation of the proposed Nigeria COVID-19 Action Recovery and Economic Stimulus (N-CARES) as part of the reasons for the request to extend the Project closing date.
The Federal Project Support Unit of CSDP has been designated as the Focal Agency for the preparation of the N-CARES Programme.
The CSDP became effective in 2009 and had assisted communities and vulnerable groups, including returnee Internally Displaced Persons to design and implement 17,048 micro-projects in key sectors.
The CSDP has provided funding for projects in sectors such as education, water, health, transportation, electricity, environment and natural resources and housing in 29 states and the Federal Capital Territory.
“The Project, using the highly effective and community-friendly tool, the Community-Driven Development (CDD) approach has positively impacted on the poor communities as a core strategy for alleviating poverty and promoting inclusive growth in the country since 2009,” Odapu said in the statement.
He further disclosed that the Federal Government has received the proposed CDD Policy for Nigeria which seeks to institutionalise and regulate the mechanism for bringing sustainable peace and development to underserved communities in the country.
The CDD policy was developed by stakeholders and coordinated by the Federal Project Support Unit of the CSDP.
The CSDP is assisted by the World Bank and co-financed by the Federal government and the participating states, including Abia, Akwa Ibom, Adamawa, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Ebonyi, Edo, Ekiti, Enugu, Gombe, Katsina, Kebbi, Kogi, Kwara, Nasarawa, Niger, Ondo, Osun, Oyo, Plateau, Taraba, Yobe, Zamfara and the FCT Abuja.
World Bank extends funding support for Community, Social Development Project in Nigeria
A statement by the Information and Communication Officer of CSDP, Malam Suleiman Odapu, said the World Bank conveyed the approval in a letter addressed to the Minister of Finance, Budget and National Planning, Zainab Ahmed, and copied to the National Coordinator of CSDP, Dr Abdulkarim Obaje.
The financing support for the project was extended by three months.
In the letter that conveyed the extension, Shubham Chaudhuri, World Bank Country Director for Nigeria stated, “We are pleased to inform you that the Association has accordingly, extended the closing date of the project and associated credits to Dec. 31, 2020 as the later date for purposes of Section IV.B.2 of Schedule 2 of the Agreements”.
The CSDP was earlier scheduled to close on Sept. 30, 2020 but the Federal Government of Nigeria had on Sept. 22, 2020 written to the World Bank requesting for an extension of the closing date of the Project.
The Federal Government cited the need to strengthen the institutional framework for the implementation of the proposed Nigeria COVID-19 Action Recovery and Economic Stimulus (N-CARES) as part of the reasons for the request to extend the Project closing date.
The Federal Project Support Unit of CSDP has been designated as the Focal Agency for the preparation of the N-CARES Programme.
The CSDP became effective in 2009 and had assisted communities and vulnerable groups, including returnee Internally Displaced Persons to design and implement 17,048 micro-projects in key sectors.
The CSDP has provided funding for projects in sectors such as education, water, health, transportation, electricity, environment and natural resources and housing in 29 states and the Federal Capital Territory.
“The Project, using the highly effective and community-friendly tool, the Community-Driven Development (CDD) approach has positively impacted on the poor communities as a core strategy for alleviating poverty and promoting inclusive growth in the country since 2009,” Odapu said in the statement.
He further disclosed that the Federal Government has received the proposed CDD Policy for Nigeria which seeks to institutionalise and regulate the mechanism for bringing sustainable peace and development to underserved communities in the country.
The CDD policy was developed by stakeholders and coordinated by the Federal Project Support Unit of the CSDP.
The CSDP is assisted by the World Bank and co-financed by the Federal government and the participating states, including Abia, Akwa Ibom, Adamawa, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Ebonyi, Edo, Ekiti, Enugu, Gombe, Katsina, Kebbi, Kogi, Kwara, Nasarawa, Niger, Ondo, Osun, Oyo, Plateau, Taraba, Yobe, Zamfara and the FCT Abuja.
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