News

April 15, 2016

Kogi to benefit from N152.6bn environmental loan

Kogi to benefit from N152.6bn environmental loan

Gov. Yahaya Bello of Kogi State

By Boluwaji Obahopo

LOKOJA—Kogi State government yesterday said it had been included as one of the beneficiaries of $508.59 Million (N152.6 billion) fund from the Strategic Investment Loan, SIL, to tackle the effect of environmental degradation in the  state.

Gov. Yahaya Bello of Kogi State

Gov. Yahaya Bello of Kogi State

Governor, Yahaha Bello who spoke in Lokoja while addressing the representatives of the World Bank and the Nigeria Erosion and Watershed Management Project, said the project was in collaboration with  the International Development  Association, IDA, the Global Environment Facility, GEF, Trust Fund and the Federal Government of Nigeria.

Bello said environmental degradation and its challenges had been a serious problem in the state, lamenting that  the state did not have the fund to tackle the ugly situation.