AfDB approves $124.2 million loan for Water reforms in Nigeria

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AfDB approves $124.2 million loan for Water reforms in Nigeria

The Africa Development Bank has approved a $124.2 million loan to finance the Urban Water Sector Reform and Water Supply and Sanitation Project in Akure the capital city of Ondo State Of South-Western Nigeria.

The project will run for five years (2020-2025) and will address the water shortage and challenges the people of Akure faces. It will provide the residents access to potable water while strengthening the Federal Government’s capacity to facilitate urban Water Supply and Sanitation reforms.

“The project will particularly contribute to improving the living conditions of the communities in the project area. Involving these communities in the public awareness and marketing activities, will increase the project’s ownership and ensure they pay for the water supply and sanitation services,” said Ebrima Faal, Senior Director at the Bank’s Nigeria Regionals Office.

1.3 million locals are set to benefit from the project. At the Federal level, the project Urban Water Reform component will establish a Water and sanitation investment program across the country.

The project will also help install sanitation infrastructure for schools, hospitals and markets.

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