From Ahmad Muhammad, Bauchi
Governor Bala Mohammed of Bauchi State has directed the State Implementation Unit for the NG-CARES program to as a matter of urgency work out the necessary modalities of assisting the State to access additional financing from the program.
The governor gave the directive at the official launching and distribution of ICT enhancement facilities to 7,000 beneficiaries under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Bauchi-Cares Result Area 3 MSEs held over the weekend in Bauchi.
Governor Bala said that, at the moment, the World Bank has generously provided an additional financing package of $500 million to support the rollout of the next phase of NG-CARES 2.0 where participating will access $12 million with additional $46 million set aside as unallocated funds to be redistributed during the program’s mid-term review meeting.
He said that the successful implementation of the NG-CARES Result Area 3, in Bauchi which focuses on strengthening the capacities of small and medium enterprises through the distribution of ICT enhancement facilities worth over 1 billion naira was made possible through the invaluable assistance of the World Bank and assured the partners that NG-CARES 2.0 would be fully implemented in the state.
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