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Tag: Hon. AbdusSamad Dasuki

Sokoto Gets World Bank’s $22m Grant for Financial Propriety

Sokoto Gets World Bank’s $22m Grant for Financial Propriety

Finance
The World Bank has granted Sokoto State Government $22 million for its commitment to the implementation of the State’s Fiscal Transparency, Accountability and Sustainability (SFTAS) programme. A breakdown of the grant shows that the state got $5 million in November for approving COVID-19 budget while it got the balance of $17.4 million for its 2019 fiscal performance two weeks ago. According to a statement by the Special Adviser, Media and Publicity to the Governor, Muhammad Bello, the state government clinched the grant after its astronomical score in the SFTAS ranking from 2/5 in 2019 to 14/15 in 2020, which puts it among the top three states in the country to achieve such ranking. The grant it garnered from the World Bank last year was $2.5 million. Also in the period under ...