Sentences with phrase «counterpart fund»

He lamented that many states were yet to pay counterpart fund for the measles campaign.

Governor Ikpeazu said Council applauded the support the stakeholders and encouraged state government to go to their states and encourage the immunization programme by paying counterpart funding and taking ownerships of the programme in their respective states as a way to stamp out all the diseases that could be reduced or removed completely from the country by vaccination.

The Governor made the remarks during the commissioning of 61 primary healthcare centres at Ijebu - ijesa, Osun State, in partnership with the Sustainable Development Goals (SDGs), saying his administration had been consistent in contributing 50 per cent counterpart fund in every project.

Also speaking, Yomi Ogunsola, Chief Economic Assistant to Governor, and DG, PPP Bureau, said the State will provide up to N1b as counterpart fund, 400 hectares of land as infrastructure support as its own contribution.

He said in addition to this, the state government was also irrevocably committed to the payment of nother Counterpart Fund as regards the third National Urban Water Sector Reform Project which is being supported by the World Bank.

The President said that counterpart funding from the Chinese government would substantially fund the projects, which when completed, would improve the welfare, well - being and economy of the region.

The protesters hinged their demand on what they called surreptitious move by the government of Osun not to continue to make available its own counterpart funds for the running of the institution for 15 months.

Benue House of Assembly on Wednesday gave approval to the state government to obtain a loan of over N5bn to settle accumulated counterpart fund contributions.

Buhari said while the borrowed funds would be used to finance the deficit in the 2017 budget, they would provide funding for the capital projects in the budget, including the Mambilla hydropower project; construction of a second runway at the Nnamdi Azikiwe International Airport, Abuja; counterpart funding for rail projects; and the construction of the Bodo - Bonny road, with a bridge across the Opobo Channel.

The Delta Government on Monday, said it had accessed N7.8 billion Universal Basic Education Commission (UBEC) counterpart funds in four years.

Even for gifts such as P.L. 480 food aid, the State Department was given «counterpart funds,» a local - currency equivalence of the value of the food.

Providing further details of the deal, Governor Ahmed's Chief Economic Assistant and DG of the state PPP Office, Mr. Abayomi Ogunsola said the deal involves the state government providing up to N1b in counterpart funding and 400 hectares of land as well as infrastructure support.

Nigeria's N60 billion counterpart funding, a crucial component of a proposed $ 2 billion (N400 billion) loan from China to implement the project, was allegedly expunged from the document.

Yari said states have been defaulting in paying their counterpart funding because of the economic downturn.

The Borno state commissioner of Inter-Government affairs and Special Duties, Hon. Ishaku Shara has said that the Borno state government has paid all its counterpart fund...

``... Besides, it also creates another problem where if you allocate money to a project and there are other funding sources coming to fund the same project, which is counterpart funding, it is really not easy tracking the money.

He accused Oshimohole of failing to pay a counterpart fund of N300million for the Federal Government to make water available in Edo State.

This was even as Governor of Osun, Ogbeni Rauf Aregbesola, appealed to the Federal Government to fulfill it's commitment to the MKO Abiola International Airport, by making available it's counterpart funds to the project.

«The Borno State Government has paid N40 million as its counterpart funding to the programme for 2017 and 2018,» he said.

«In this regard, we want you to intimate the Federal Government to assist the state with its counterpart funds for the speedy completion of the project,» Aregbesola said.

It said it was also false that a fresh N25 billion loan was applied for; saying that; «the only fresh loan taken by the government of Fayose was the N10 billion grant from the Excess Crude Account, which was released to all States for capital projects, N2.8 billion requested from Wema Bank to pay State Universal Basic Education Board (SUBEB) counterpart fund out of which N1 billion has been accessed and N600 million for MDGs counterpart fund, which has been repaid.»

The NRC helmsman, shortly after receiving a leadership award from the ECOWAS Youth Council on Friday in Lagos, said, «The Chinese government promises that by the end of the month to release its counterpart funds.

According to Okheria, The Federal Government has made its counterpart funds available, while China promises to release its own by the end of this month.

But the Nigerian government was unable to meet up with its counterpart funding of 15 per cent, so the Chinese government was unable to make any impact on the project.»

In the same development, The Commissioner explained that with the commencement of the counterpart fund payment, the state was now assured that the EU would now be compelled to give all necessary technical and financial support, big enough to liberate the state from the shackles of poor water supply.

He declared that the overall objective of the counterpart fund payment and the new policy direction on water and sanitation was the provision of portable water and improved sanitation in parts of the state but through participatory investment by all relevant stakeholders.

He further said, «The executive director also informed council that about 12 states have already paid their counterpart funds for the exercise.

In addition, out of 300 km World Bank - Assisted programmes, 225 km roads had been completed through N12bn World Bank assisted loan where Osun paid a counterpart fund of N2bn.

«But the Nigerian government was unable to meet up with its counterpart funding of 15 per cent; so, the Chinese government was unable to make any impact on the project,» he said.

Yari said the governors expressed their commitment to paying their counterpart funding towards polio eradication.

«The only fresh loan taken by the government of Fayose was the N10bn grant from the Excess Crude Account, which was released to all states for capital projects, N2.8 bn requested from the Wema Bank to pay the State Universal Basic Education Board counterpart fund out of which N1bn has been accessed and N600m for MDGs counterpart fund, which has been repaid.»

If these ETFs garner anything close to the esteem of their counterpart funds, then it'll be a huge win for PIMCO.