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April 06, 2005
Nigeria needs 200 million dollars annually for water projects
Nigeria needs 200 million dollars yearly to meet the UN Millennium Development Goal of halving the proportion of people without safe drinking water and adequate sanitation by 2015.
This was disclosed today by the Nigeria's Water Resources Minister Mukhtari Shagari in Abuja according to the News Agency of Nigeria, and published by China View.
"It is estimated that 200 million dollars will be required annually for the next ten years, including 12 percent of that amount for operation and maintenance service for the program," Shagari said.
"The investment needed up to the year 2015 is of such a magnitude that it demands more proactive action to mobilize more funds to finance water supply and sanitation with particular reference to the rural areas," he said.
Posted by Stephen Betheil at April 6, 2005 06:22 PM
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