France participates in the reform of the water sector.
The Federal Government of Nigeria and the French Development Agency (AFD) concluded an agreement, on November 27th 2012, related to the financing of a USD 77,7 Million loan for the 2nd phase of the National Urban Water Sector Reform Project - NUWSRP II.
Jacques Champagne de Labriolle, Ambassador of France to Nigeria, hands the signed agreement in to Michel Stanislas Villar (AFD).
This agreement involves the Coordinating Minister for the Economy, Honorable Minister of Finance, Dr. (Mrs.) Ngozi Okonjo-Iweala, Mr. Yves Boudot, Director of the Africa Department of the French Development Agency and H. E. Jacques Champagne de Labriolle, Ambassador of France to Nigeria.
This financing agreement amounting to USD 77,7 Million will support the “National Urban Water Sector Reform Project’’ (NUWSRP II). This Program, co-financed with the World Bank, is supporting the public sector’s capacity to manage the urban water sector in the metropolitan areas of two major States of the Federation (Cross River State and Lagos State), the improvement of the efficiency and effectiveness of the water networks, the implementation of adequate engineering measures, and the improvement of the overall management and regulation of the water sector.
More notably, this project will improve the reliability of water supply produced in the two participating States, increase access to piped water networks and improve the commercial viability of urban water utilities. The rehabilitation and expansion of the water supply system will concern, on one hand, the City of Lagos, mainly in Surulere, Ikeja, and Victoria Island areas, and on the other hand, several cities throughout Cross River State: Calabar, Ikom, Obubra, Okpuma, Obudu and Itigidi.The project will increase the number of new active water connections by 24,000 in Lagos State and by 75,000 in Cross River State, thus impacting on about 990 000 direct beneficiaries.
This agreement is highly significant as it marks another major milestone in the ever fruitful bilateral relations between Nigeria and France. It is the second agreement signed between the Federal Republic of Nigeria and AFD, following the official opening of its Country Office in Abuja in December 2008.
Through this agreement, the French Government expresses its commitment to support the Government of Nigeria in its efforts to reduce poverty and to further foster its economy in view of contributing to its development.
Ambassador of France’s speech :
Agence Française de Développement (AFD) is a public development finance institution that has been working to fight poverty and support economic growth in developing and emerging countries. AFD implements the development policy defined by the French Government.
AFD is present on four continents where it has an international network of 70 agencies and representation offices. AFD finances and supports projects that improve people’s living conditions, promote economic growth and environmental protection: schooling for children, maternal health, support for farmers and small businesses, water supply, tropical forest preservation, fight against climate change, among other concerns.
In 2011, AFD approved nearly USD 9 billion to finance activities in developing and emerging countries including USD 3, 5 billion for sub-Saharan African countries. These funds will help get 4 million children into primary school and 2 million into secondary school; they will also improve drinking water supply for 1,53 million people. Energy efficiency projects financed by AFD in 2011 will save nearly 3,8 million tons of carbon dioxide emissions annually.
In Nigeria, AFD has a portfolio of projects amounting to USD 700 Million focusing on key sectors and financing Nigeria’s most needed infrastructure namely urban development, water supply, energy, transport and agriculture.
Agence Française de Développement (AFD)
French Development Agency
N° 3 Udi Hills Street
Off Aso Drive, Maitama, Abuja
Tel: 0703 249 47 71
Director : Hubert Dognin
Press Contact: Maxine Jamet : 0703 504 07 66