Akwa Ibom, World Bank Fight Erosion With N52b

September 22, 2016

erosion-in-nigeria

By Dipo Olowookere

Governor Udom Emmanuel of Akwa Ibom State has disclosed that his administration was partnering with the World Bank to execute erosion control project worth N52 billion on IBB Way in Uyo, the state capital.

Addressing journalists on Wednesday in Uyo to mark the state’s 29th anniversary, Mr Emmanuel emphasised that the state government was committed to providing a lasting solution to the perennial flooding on IBB Way and in some parts of the state capital.

He said, “The cost of taking water in that area, which is almost below sea level is exorbitant, especially at the current exchange rate in the country.

“IBB is a peculiar situation, we can’t do it alone, I must confess, I cannot find N52billion anywhere, which is why I am partnering World Bank.

“World Bank has agreed to partner with Akwa Ibom to control the erosion; right now they are reviewing our design.

“Once we finish with the design and the process, World Bank has promised that to include it in its budget.”

Akwa Ibom was created on September 23, 1987, by the administration of General Ibrahim Babangida alongside Katsina State.

The Governor further said the World Bank had promised to release $2million to the state to kick start work at some of the erosion sites.

He appealed to residents of the state to bear with the government on the issue of flooding, assuring them that flooding would soon be a thing of the past.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

Leave a Reply

Previous Story

INEC Kicks Off Distribution of Unclaimed PVCs

Next Story

Politicians Named In New Leaked Offshore Files From The Bahamas

Latest from General

Don't Miss