By Olayinka Olawale
Lagos, Jan. 25, 2021 The Lagos State Government says it will continue to make regular payments of its counterpart funds and provision of capable human resources to all donor and World Bank Assisted Projects.
The State Commissioner for Agriculture, Ms. Abisola Olusanya made the pledge at the opening ceremony of a pre-6th Implementation Support Mission of the World Bank Assisted Agro-Processing, Productivity Enhancement and Livelihood Empowerment Support (APPEALS) Project, on Saturday, in Lagos.
Olusanya, who was represented by Dr Olayiwole Onasanya, Permanent Secretary in the ministry, noted that the regular and prompt payment of counterpart funds would facilitate successful project implementation in the state’s chosen Poultry, Rice and Aquaculture value chains.
Performance grants: 32 states get N123 348bn tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
FG Disburses Fresh N123 348bn Grants to States thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
The Nigerian Government has paid out N123.35bn performance-based grants to state government as part of its States Fiscal Transparency Accountability and Sustainability Programme for Results project of the World Bank.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, stated that the disbursement was carried out following the achievement of results by the states in the just concluded 2019 Annual Performance Assessment.
A statement signed by the Director of Press and Public Relations at the Ministry of Finance, Budget and National Planning, Hassan Dodo, on Wednesday made this known.
According to her, the assessment was carried out by the Office of the Auditor-General for the Federation as the independent verification agent and approved by the programme coordination unit of the finance ministry.