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Economic Issues > Blog > Uncategorized > AFD Invests USD233mn in Nigeria’s Water Sector
Uncategorized

AFD Invests USD233mn in Nigeria’s Water Sector

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By Reporter March 22, 2024
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AFD Invests USD233mn in Nigeria’s Water Sector
…Over 1.8 Mn Nigerians to Gain Improved Water Access Thanks to French Development Agency
By Patience Ikpeme

Agence Française de Développement (AFD), the French development agency, has reaffirmed its commitment to supporting Nigeria’s water sector with a total investment of USD 233 million. This vital funding is helping to improve access to clean water for millions of Nigerians and ensure the long-term sustainability of the country’s water resources.

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AFD’s support is currently benefitting four key Water Boards and Corporations: Kano, Enugu, Ondo, and Plateau. Through these interventions, over 1.8 million people are expected to gain either better access or entirely new access to clean water.

The projects focus on two key areas: includes construction or rehabilitation of water treatment plants and expansion of existing water networks, directly contributing to UN Sustainable Development Goals (SDGs) 6 (Clean Water and Sanitation) and 3 (Good Health and Well-being).

AFD supports establishing water tariff policies and implementing metering systems. These measures enhance the financial autonomy and technical capabilities of Water Boards, ultimately leading to lower maintenance costs and improved service delivery.

Nigeria faces significant challenges in its water sector. With a rapidly growing population and the looming effects of climate change, ensuring sustainable water access requires continued investment. Currently, over 62 million Nigerians lack basic water supply, highlighting the urgency of the situation.

AFD acknowledges the need for long-term solutions. Their experience includes successful joint projects with the World Bank in Cross River and Lagos States, providing improved water access to over one million people. In Calabar, for instance, daily water availability increased from just 6 hours to 23 hours.

The recent completion of a $33 million project in Ogun State demonstrates AFD’s ongoing commitment. This initiative, part of the 3rd National Urban Water Sector Reform Program, has improved water supply for residents of Abeokuta.

With climate change posing a growing threat, proper water resource management is crucial. Rising competition for water between different sectors, including agriculture, could lead to conflicts. Increased flooding risks threaten both urban and rural areas. Strengthening water management is essential for Nigeria’s continued economic development.

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AFD emphasizes its continued partnership with Nigeria. The agency recognizes the vital role public water corporations will play in adapting to climate change. They remain committed to supporting Nigeria’s efforts through increased public investment in sustainable water infrastructure and institutional reforms to improve water sector governance.

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Reporter March 22, 2024 March 22, 2024
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