News Column

Anambra, Five Others to Share 55 Million Euros From Word Bank

June 17, 2014

Chukwujekwu Ilozue

Anambra and five other states have been selected for the implementation of State Education Programme Investment project, an innovation in the country structured on result-based financing.

The will share 55 million euros in the education programme.

Leader of Nigeria team of the project, Professor Tunde Adekunle, said Anambra was selected for the programme because of its improved service delivery on education for using its resources to achieve better result for the people.

He said what the World Bank is doing is complementary for states which used its own resources without waiting for external assistance to develop its infrastructure.

According to Adekunle, the project would among other things promote technical, vocational and science education to equip children with skills to be productive and encourage teachers to teach in rural access to functional education.

He advocated involvement of private sector in skills acquisition programmes for students.

Also, a member of the team, Mr. Ikechukwu Nweje, said Anambra State has also been elected for another European Union World Bank grant for state and local government reform project geared towards improved government's ability to render service to the people.

Nweje explained that under the scheme Anambra State and five other states; Kano, Osun, Jigawa, Cross River and Yobe, would share 55 million euros.

Meanwhile, Governor Willie Obiano has asked the World Bank to increase its intervention in the state. He urged the team which visited him at Government House to also include the state in its new programmes and projects as the state has demonstrated outstanding commitment in its partnership with the bank over the years.

Obiano explained that his administration has equally put in place structures that would promote transparency, accountability and efficiency in to collaborations with donor agencies and development partners.

He said huge resources would be invested in vocational and technical education to produce the manpower with the necessary skills to sustain his development pillars.

Also, Education Commissioner, Kate Omenugha, said the team was in the state in furtherance of the implementation of World Bank-assisted education programme which took it to a technical school where they had an interactive session with the staff and students.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: AllAfrica

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters