A Theoretical Overview of African Development Bank?s Interventions on Community Development in Nigeria

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@article{1705116,
      author = {Egbo A. Ekenedilichukwau},
      title = {A Theoretical Overview of African Development Bank?s Interventions on Community Development in Nigeria},
      journal = {Iconic Research And Engineering Journals},
      year = {2023},
      volume = {7},
      number = {4},
      pages = {290-311},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1705116.pdf},
      abstract = {Despite more than $2.3 trillion in aid disbursed over the last half century, population-level analyses have failed to demonstrate consistent results linking aid inputs to improvements in development outcomes. The African Development Bank?s robust operations in Nigeria have had significant results and impact on the ground, helping to accelerate the country?s economic transformation and improve the lives of millions. This study, therefore, aimed at assessing the impact of the African Development Bank interventions in community development in Nigeria. 10 projects were randomly selected from all sectors as sample of the study. Three research instruments were used for data collection. The study engaged qualitative methods of data collection. These include research, use of the Project Completion Reports (PCRs) from AfDB and internet search. Key-informant interviews and in-depth interviews were used as instruments of data collection while content analysis was employed for data analysis. Results shows that provision of potable water has significant impact on the socioeconomic well-being of the populace. The study also noted that most water projects are sited in Urban Areas and the few situated in rural communities were moribund due to lack of maintenance. It was revealed that African Development Bank (AfDB) interventions helped in the improving the Nigeria?s economy through provision of capital for establishment of industries, factories and small and medium scale enterprises especially in Agriculture subsector of the economy. AfDB was noted to have embarked on lighting up Nigeria even in the rural areas to lift the living standards of the people of Nigeria and the bank has continuously increased its allocation in power sector through rural electrification project. Some of AfDB funded projects were uncompleted due to the security challenges Nigeria has experience over the years with different terrorist groups emerging to threaten the peaceful environment that allows these projects to reach the completion especially in the Northeast. These findings were discussed, and recommendations made.},
      month = {October},
  }