WASHINGTON, July 1, 2008- The following project was approved today by the World Bank’s Board of Executive Directors: IDA Credit: US$250 million TERMS: Maturity = 40 Years; Grace Period = 10 Years Program Description: The project aims to support provision of economic and productive goods and activities in rural areas in the 36 States of the Federation plus the Federal Capital territory (FCT). The project is to focus on increasing the incomes of the users of rural and water resources on a sustainable basis. By increasing the incomes of the rural poor, the project will help reduce rural poverty, increase food security, and contribute to the achievement of a key Millennium Development Goal (MDG). For more information, please call Aby Toure at (202) 473-8302 or e-mail here at akonate@worldbank.org For program documents, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P096572 |
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