The World Bank has defended its $75 million loan to Edo State Government, saying it grants significant funding only to governments it trusts would use the funds judiciously to achieve its development results.
Speaking on Wednesday at a three-day retreat for members of the State Executive Council and Permanent Secretaries holding at the Transcorp Hilton Hotel, Abuja, to brainstorm and re-strategise on raising the bar on governance in the state, with the theme, ‘Finishing Well’, two top executives of the World Bank, Mrs. Gloria Joseph Raji and Dr. Khwima Nthara said the bank trusts Edo State Government to use the fund properly as it only provides support to governments the bank trusts to use its funds for development results.