The World Bank has approved a grant of $20million for Ekiti State to fund projects aimed at mitigating the effects of COVID-19 across various communities.
Governor Kayode Fayemi disclosed this on Tuesday at a Community Development Forum in Ado Ekiti.
“I am happy to inform our people that the World Bank has approved a new project called the Nigeria CARES as a post-COVID-19 intervention grant for Ekiti State.
“The grant is in excess of $20m as a stimulus fund to cushion the effect of the COVID-19 pandemic on our various communities,” he said.
Fayemi said the fund will be released under the Nigeria CARES initiative, which will be used to fund rural projects and alleviate poverty at the grassroots.
Speaking through his Special Adviser on Development Partnership, Mrs Margaret Fagboyo, on Monday, the governor asked residents of the state to properly maintain all World Bank Projects across communities.
