Tuesday, November 3, 2009

FG GUARANTEES EQUITY-FUNDING OF ENVIRONMENT PROJECT
Patrick Osadebamwen

Minister of Environment Mr. John Odey has said the Federal Government would pursue its resolve on equity funding of environmental projects across the states of the federation.
Odey who reiterated this position said although climate change impact was on the increase therefore it becomes imperative for effective collaboration between all stakeholders to guarantee a sustainable environment.
The Minister said this while receiving His Excellency, Mr. Olusegun Mimiko his office in Abuja. Mimiko was in the ministry to intimate the minister on ecological problems that affects the state.
Odey said the ministry was open to collaboration with all the states of the federation to be able to deliver on efforts that would mitigate environmental problems for sustainability.
The Governor said Ondo state suffers visible impact of climate change which have manifested in various forms across the state. He pointed out that the twin problems of erosion and construction of channels in the state was severe.
Mimiko said his state was prepared to provide the counterpart funding needed to execute all such project when the Federal Government honours its request for ecological problems in ths state.
He hailed the new regime of equity funding of environment project in the country: “I am particularly excited that you mention the issue of equity on what ever is available is in a very objective way would determine the extent the to which one is going to access the assistance.
“I assure that in terms of counterpart contribution we are ready so that we in Ondo state can leverage on such fund to address some of the very serious problem that confronts us on daily basis in our state.”

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