68686
    Federal Republic of Nigeria: Nigeria Erosion and Watershed Management Project


                               SUMMARY OF DISCUSSION

                              Meeting of the Executive Directors

                                          May 8, 2012


        Executive Directors approved the Nigeria Erosion and Watershed Management Project
credit to the Republic of Nigeria in the amount of US$ 500 million on the payment terms and
conditions set out in the President’s Memorandum, coupled with a grant from the Global
Environment Facility in the amount of $3.96 million and a grant from the Special Climate
Change Fund in the amount of $4.63 million (GEF/R2012-0010 [IDA/R2012-0102]).

       The Directors welcomed the innovative and integrated approach of the project and noted
its alignment with the Country Partnership Strategy. Directors took note of the various risks
facing implementation, including governance, technical capacity and social environmental
issues, and urged very close monitoring to ensure achievement of sustainable results. Finally,
Directors emphasized the need for continued engagement with the Government and collaboration
across a wide range of public and private actors to secure quality project outcomes, which can
hopefully be replicated for other parts of Nigeria and the rest of Africa. The need for gender
mainstreaming in impact evaluation of the project was emphasized.





This summary is not an approved record.