World Bank
14 Nov
The Federal Government is set to partner with the World Bank to develop a National Land Digital System to ensure transparency, efficiency, and accessibility of land transactions. Minister of Housing and Urban Development, Ahmed Dangiwa, stated this during the meeting with state commissioners responsible for lands and housing matters in Gombe State. Dangiwa also said…
13 Nov
Katsina State Government is set to expend N20 billion on an extensive water infrastructure project under the World Bank-funded Nigeria Sustainable Urban and Rural Water Supply and Sanitation (SURWASH) programme. The state Commissioner of Water Resources, Dr Bashir Saulawa, who stated this while speaking with newsmen yesterday, said the state government has already invested ₦5…
11 Nov
Recently, the World Bank and International Monetary Fund (IMF) have been in the news arguably for the wrong reason. According to these institutions, the economic reforms being carried out by Nigeria’s economic managers
11 Nov
Disturbed by the continued environmental degradation occasioned by gully erosion in some parts of the state, Governor Abba Kabir Yusuf has renewed plan to deploy necessary mechanism to address the situation.
9 Nov
Gov. Babagana Zulum of Borno, has called for closer collaboration with the World Bank to accelerate post-conflict recovery process in the state. Dauda Iliya, the Special Adviser to the governor on Media, said this in a statement on Saturday in Maiduguri. He said the governor made the call during a meeting with the newly appointed…
9 Nov
With an estimated youth population of 151 million out of a national total of slightly above 217 million, Nigeria possesses significant potential for economic growth and development, according to the Federal Ministry of Budget and Economic Planning.
7 Nov
An estimated 47 per cent of Nigerians now live in poverty or below the international poverty line of $2.15 as economic
5 Nov
The idea of monetization policy by the Nigerian Government has been described as terrible advice taken from the World Bank. Director of Abuja School of Social and Political Thought, Dr. Sam Amadi, stated this in his keynote address at the sixth annual public lecture of JustFriends Club of Nigeria held in Abuja on Tuesday. Amadi,…
31 Oct
Former Independent National Electoral Commission (INEC) Chairman, Attahiru Jega, has cautioned the Nigerian government against blindly following the advice of 'Bretton Woods institutions,' particularly the World Bank and International Monetary Fund (IMF). Jega gave this advice on Wednesday while speaking at the Chartered Institute of Directors of Nigeria's (CIoD) 2024 Annual Directors' Conference. He argued…
29 Oct
ActionAid has said that the 2024 International Monetary Fund (IMF) and World Bank Annual Meetings in Washington, D.C., were a damp squib that failed to address the growing debt crisis burden and other issues affecting people living in poverty. The organisation, in a statement, said the IMF’s forecasts of high debt and slow growth—especially among…
29 Oct
The Peoples Redemption Party (PRP) has urged President Bola Tinubu to jettison economic policies recommended by the World Bank and the International Monetary Fund. PRP stressed the need for the president to embrace homegrown measures that reflect the realities of Nigerians. The party described the twin policies of currency devaluation and removal of subsidies as…
28 Oct
The Federal Government says it is requesting the World Bank to support the extension of the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) programme with an additional $500 million. The Permanent Secretary, Ministry of Budget and Economic Planning, Dr. Emeka Vitalis Obi, who disclosed this at the opening of the national peer learning…