Wednesday, 25th December 2024
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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,…
Attahiru-Jega-4-2-15
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…

Latest

32 mins ago
The Lagos State Traffic Management Authority (LASTMA) has rescued five injured passengers, who were in a road traffic accident that occurred on Mile 2/Badagry Expressway. The General Manager of LASTMA, Mr Olalekan Bakare-Oki, made this known in a statement signed by Mr Taofiq Adebayo, the Director, Public Affairs and Enlightenment Department, LASTMA, on Wednesday, in…
33 mins ago
An early morning fire on Wednesday , gutted some shops near the General Post Office at Ibokwu Street, by Old Market Road, Onitsha, the commercial city of Anambra. The News Agency of Nigeria (NAN) reports that the inferno destroyed goods and property, including equipment worth millions of naira. Mrs Chidimma Ike, an eyewitness and a…
37 mins ago
The Emir of Kano, Muhammadu Sanusi II, has congratulated Christians in Kano State on the occasion of the 2024 Christmas celebration. In a goodwill message,made available to newsmen on Wednesday, the traditional ruler emphasised the importance of peaceful coexistence among the residents, regardless of their religious affiliations. The emir stressed that religious differences should not…
38 mins ago
The University of Abuja (UniAbuja), has made it clear that the university is not imposing the Acting Vice-Chancellor, Aisha Maikudu, as the substantive VC of the university. The Acting Director, Information and University Relations, UniAbuja, Dr Habib Yakoob, made the clarification in a statement on Wednesday in Abuja, while reacting to allegations surrounding the selection…
41 mins ago
The International Organisation for Migration (IOM) says that it reached not less than 1.4 million people in Nigeria with its assistance in 2024. The IOM Chief of Mission in Nigeria, Ms Paola Pace, disclosed this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja. She said that the organisation achieved…
48 mins ago
Gov. Ahmed Aliyu of Sokoto State has called on Christians in the state to use the festive season to promote peaceful coexistence. In a message issued by his Press Secretary, Malam Abubakar Bawa, on Wednesday in Sokoto, the governor felicitated with Christians as they celebrate Christmas. “Sokoto is known for its peace and harmony for…
51 mins ago
The Nigerian Air Force (NAF) has announced plans to acquire 24 M-346 Fighter Ground Attack jets and 10 AW-109 Trekker Helicopters to boost its air capabilities in the fight against insurgency. The Chief of Air Staff (CAS), Air Marshal Hasan Abubakar made this known at the Christmas luncheon with NAF personnel on Wednesday in Maiduguri.…
54 mins ago
The All Progressives Congress (APC) has charged Nigerians to seize the occasion of Christmas to pray for peace, unity and progress in the country in the year ahead. Mr Felix Morka, the party’s National Publicity Secretary, gave the charge in a statement on Wednesday in Abuja while rejoicing with Nigerians, especially Christians at Christmas. READ…
3 hours ago
Russian opposition politician Ilya Yashin, who was released in a prisoner swap by Moscow in August, has been placed on Russia's "wanted" list, according to an interior ministry database seen by AFP Wednesday. "Wanted under a criminal code article," reads the website, along with a photograph of Yashin and his date and place of birth.…
3 hours ago
La Liga's relegation-threatened Valencia have appointed Carlos Corberan as their new manager after prising him from English second-tier side West Bromwich Albion, the clubs announced on Wednesday.   The fallen Spanish giants exercised a buyout clause in Corberan's contract to bring him to Mestalla on a deal lasting to 2027, days after sacking coach Ruben…