Rivers, Akwa Ibom lose 200m euros

The Ministry of Niger Delta Affairs has urged Rivers and Akwa Ibom state governments to pay their 30 per cent required counterpart funding for the European Union (EU) water project.

The Minister, The Ministry of Niger Delta Affairs, Pastor Usani Uguru Usani made the call in an interview with our correspondents in Abuja on Saturday.
He explained that the two states risk losing over 200 million euros grant by the end of January, If they fail to pay the required counterpart funding for the water project.

He said that five states were captured in the current phase of water and sanitation intervention development by the European Union (EU).

”Edo, Delta, Bayelsa, states have paid their 30 per cent counterpart fund of N350 million each, while Rivers and Akwa Ibom are yet to pay.

The Minister, however, said grace for extension of time has been used up by the two states.

Vanguard, January 21, 2017

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