World Bank Earmarks $800million for Rebuilding North-East

The World Bank has set aside $800 million to support the rebuilding of the infrastructure destroyed in the North East by  Boko Haram insurgency.

The UN Resident and Humanitarian Coordinator,  Fatma Samoura, made this known on Thursday, March 30, in Maiduguri during a visit to Gov Kashim Shettima.

Samoura, who is also a UN Development Programme (UNDP) Resident Representative, said the UN was scaling up its presence in Borno and other North Eastern states ravaged by the insurgency.

She said: “Yesterday, we had a long discussion with the World Bank team that came from Washington to attend the workshop.”

“The workshop is for validating the year findings of the recovery and peace-building assessment.

“They have promised to leverage 800 million dollars for the North East to response to recovery, rehabilitation, de-mining, waste management and debris processing for the North East of Nigeria,” she said.