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Sunday 15 October 2017

New World Bank Documents Reveal Buhari Channeled 80% Projects To The North – Punch

A new document obtained by The PUNCH Newspaper has revealed that a huge chunk of the World Bank financial projects in partnership with the Federal Government is based in the Northern Nigeria contrary to President Muhammadu Buhari’s claim on Friday that his discussion with the President of the World Bank Group, Jim Yong Kim, was twisted.


The President has always been accused by his critics of favouring the northern part of the country.

The latest criticism took place when Kim, divulged that Buhari had asked the bank to concentrate on northern Nigeria.

The Presidency, however, said what the President asked for was “rebuilding of the beleaguered North-East.”

But according to information on World Bank website, projects.worldbank.org, out of the 14 World Bank-sponsored projects in the country, seven are exclusively for the North, while six others are meant for the whole nation (South-West, South-South, South-East, North-West, North-East, North Central and North West); and the remaining one is for Lagos State. Titled ‘Projects and Operations’, these projects were listed under June 2015 - June 2017 projects.

The implication is that in addition to solely getting the lion’s share of the projects, the North also shared in the remaining 50 per cent with the South-West, South-East and South-South.


The projects exclusive to the northern region worth $1bn are: Multi-Sectoral Crisis Recovery Project for North-eastern Nigeria ($200m; Borno, Yobe and Adamawa); State Education Program Investment Project ($100m; North-East states); Community and Social Development Project ($75m; Borno, Yobe, Adamawa, Taraba, Bauchi, and Gombe); Youth Employment and Social Support Project ($100m; Borno, Yobe, Adamawa, Taraba, Bauchi, and Gombe States); Additional Financing Nigeria State Health Investment Project ($125m; Bauchi, Borno, Gombe, Taraba and Yobe) and the Third National Fadama Development Project ($50m; selected area in the North-East). The seventh northern project worth $350m is for the Kaduna State Economic Transformation Program-for-Results Project $350m. The KSETPRP, which was approved in June 2017, is expected to close on March 31, 2021.

Projects worth $2.9bn were earmarked for the nation which northern states are also expected to benefit from. They are:  Better Education Service Delivery for All ($611m); Mineral Sector Support for Economic Diversification Project ($150m); NEITI Reporting Compliance ($0.32m); the Polio Eradication Support Project ($125m); National Social Safety Nets Project ($1.8b); and $200m-Agro-Processing, Agricultural Productivity Enhancement and Livelihood Improvement Support Project specifically designed for Kano, Kaduna, Lagos, Cross River, Kogi, Enugu and three other states.

There was also the Third Lagos State Development Policy Operation ($200m), a stand-alone project which was approved on June 26, 2015 and ended on December 31, 2016.

The World Bank documents did not contain any programme or project specifically designed for the South-East, South-South and the Middle Belt regions since Buhari got into power.

Culled from ThePunch

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