Daily Trust

50% of N/east rehabilita­tion fund utilised — NEDC

- By Maureen Onochie

The North East Developmen­t Commission, the World Bank and other developmen­t partners have affirmed that 50 percent of the $200m North- East Rehabilita­tion Fund had so far been utilized.

NEDC Managing Director Alkali Mohammed disclosed this to journalist­s yesterday after a meeting with developmen­t partners in Abuja.

He said the effects of the insurgency in the region spurred the need for coordinate­d plans to restore the region and have a systematic plan for the safe return of displaced people and rebuild the economy of the region.

He noted that the Multi Sector Crisis Recovery Project (MCRP) was in progress due to the support of the developmen­t partners.

He said the meeting was to review and assess work done so far and discuss where resources should be concentrat­ed on mostly as well as ensure adequate coordinati­on to avoid duplicatin­g projects already done in the region.

He said at the heat of the Boko Haram insurgency, the Federal Government selected three states

Adamawa, Yobe and Borno states for assistance through funding from the world Bank, hence $200m was committed to the states to reduce the hardship.

“We will look across all the 6 states in the northeast and we will provide their immediate needs in collaborat­ion with our internatio­nal partners to ensure that we achieve the desired result of bringing back the northeast to its lost glory’’ he said.

The Project Coordinato­r of the NEDC, Muhammed Danjuma, said over $78m had been disbursed for the first half of the project.

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