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LOANS & CREDITS

Nigeria - Third National Fadama Development Project

July 1, 2008




IDA Credit: US$250 million
TERMS: Maturity = 40 Years; Grace Period = 10 Years
Program Description: The project aims to support provision of economic and productive goods and activities in rural areas in the 36 States of the Federation plus the Federal Capital territory (FCT). The project is to focus on increasing the incomes of the users of rural and water resources on a sustainable basis. By increasing the incomes of the rural poor, the project will help reduce rural poverty, increase food security, and contribute to the achievement of a key Millennium Development Goal (MDG).


Media Contacts
Aby Toure
Tel : (202) 473-8302
akonate@worldbank.org

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