The Nasarawa state governor, Abdullahi Sule, has disclosed that the ₦573 billion disbursed to states is a world bank loan specially earmarked for infrastructure projects and not tied to palliatives and initiatives on curbing hunger across the nation, as widely reported.
Several calls have come from everyday Nigerians challenging state governors to account for how those funds were spent. Responding, Governor Sule said “the money is tied to certain projects. It is almost like a regimented loan from the World Bank. The money is not for rice, it is not for palliatives, it is not for anything in that line.”
“That money came from the World Bank and that was the second disbursement which came I November last year. The account amount was credited to the account of every other state, sometimes around January.”
The governor explained that during the second tranche received by states, Nasarawa received ₦13.6 billion, representing over 10 percent of the amount.
When asked about the per cent given for the repayment, the governor said: “The World Bank is actually doing it at no interest.
“The reason is because it was coming to support states because of the Covid. It actually started around the year 2020.
“The first disbursement was done even before Mr. President actually came in May 2023. The third disbursement was the one done in June that was advertised. Every state has been credited and no state is denying it,” he said.
