Federal Government Signs $500 Million MoU With World Bank To Implement SPIN Across 25 States

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The Federal Government of Nigeria, through the Federal Ministry of Water Resources and Sanitation and the Ministry of Power, has signed a $500 million Memorandum of Understanding (MoU) with the World Bank to successfully implement the Sustainable Power and Irrigation for Nigeria (SPIN) project across 25 states.

Benue, Katsina, Niger, Gombe, Sokoto, Enugu, Bauchi, Cross River, Nasarawa, Ekiti, Kebbi, Plateau, Ebonyi, Zamfara, Abia, Kwara, Imo, Taraba, Kano, Delta, Osun, Jigawa, Edo, and Kogi are among the 25 states that are recipients.

Dignitaries including Adebayo Adetutu, the Minister of Power, and Prof. Joseph Utsev, the Minister of Water Resources and Sanitation, attended the signing event, which was recently conducted in Abuja. The 500 million USD World Bank SPIN project intends to improve water resource management for irrigation and hydropower in 25 states, as well as dam safety, according to a report by the News Agency of Nigeria (NAN).

Prof. Utsev praised the World Bank as a reliable partner in Nigeria’s development and described the SPIN project as essential to increasing food production, generating jobs, and fortifying the country’s economy. He also highlighted the Transforming Irrigation Management in Nigeria (TRIMING) project, which ends in January 2025, as a basis for creative water and agricultural solutions.

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In his capacity as Chairman of the SPIN Preparatory Team, Utsev expressed confidence in the project’s ability to meet Nigeria’s irrigation needs and provide substantial benefits to its population, reaffirming the ministries’ and partners’ unwavering commitment to its success.

Continuing, he had this to say: “We are confident that the SPIN project will build on this legacy by boosting food production and meeting the irrigation needs of our growing population.

“Our collective efforts have brought us to this significant moment, and I am confident that SPIN will deliver the tangible benefits Nigerians are eagerly anticipating,” he added.