The Minister of Women Affairs, Uju Kennedy-Ohanenye, has accused the Muhammadu Buhari administration of mismanaging the first tranche of the $500 million World Bank loan meant for women’s empowerment in Nigeria.
Kennedy-Ohanenye made the allegations during an appearance on Arise Television’s Morning Show, where she stated that the first tranche of $100 million for the Nigeria For Women Project was mismanaged.
She further alleged that the first tranche was mainly used for advocacy, meetings, and consultancy services, and was shared among the states without proper accountability and transparency.
Kennedy-Ohanenye stated that a new structure has been forwarded to the Minister of Finance, Wale Edun, for restructuring to ensure proper utilization of the funds. The project launched in 15 states and the Federal Capital Territory, is meant for vulnerable women in the country.