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Agriculture: Adamawa may lose World Bank financial support

Tayo Adewunmi, the National Project Coordinator of Fadama III, Additional Financing (AF), has appealed to Adamawa government to pay its outstanding counterpart contribution to the Fadama projects in the state or risk losing the support of the world bank.

Adewumi expressed disappointment that till date, the state government had not paid the counterpart fund.

The state is the only one that has not paid the counterpart contribution out of the six states in North East ravaged by the Boko Haram insurgency,''Adewumi said.

He said that Fadama had recently carried out the revalidation of unemployed graduates under the Fadama GUYS Scheme and payment would soon start.

Coordinator also expressed regrets that unemployed graduates in Adamawa might not benefit in the scheme except the state government quickly paid up.

It is disheartening that Adamawa owes about N60 million counterpart fund, which the government was yet to pay according to the signed project agreement.

For the AF II, which is an emergency intervention support by the Federal Government and World Bank, it is worrisome that the government has not contributed anything since the programme started.

It was impossible for the World Bank to fund the components activities that is expected to be carried out by the state government.

We are sending a clear message, which means that we may not be able to continue doing anything with those states that are not meeting their own counterpart fund obligation,'' he said.

The payment of the counterpart fund was one of the prerequisites for the disbursement of project fund to beneficiary states, adding, that some states are still defaulting.

The counterpart funds are used to fuel cars, pay for allowances and other small expenses of the state project coordinator, while managing the implementation of the project.

Source: Voice of Nigeria