World Bank
27 Jul 2023
World Bank has urged the Federal Government to adopt the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme for distribution of palliatives, following removal of petrol subsidy in the country.
26 Jul 2023
The Imo State government has expressed gratitude to the World Bank on its inclusion in the $700 million Sustainable Urban Rural Water Supply Sanitation Hygiene (SURWASH) programme.
24 Jul 2023
The national social register used by the Buhari administration for its Conditional Cash Transfer is an aggregate of all state social registries from the 36 states of the federation and Federal Capital Territory (FCT), according to the World Bank, a source reports.
19 Jul 2023
Kebbi State Government is seeking World Bank’s support to create investment opportunities for foreign and local investors. Governor Nasir Idris disclosed this during a meeting with the World Bank Country Director in Nigeria, Mr. Shubham Chauhdiri, in Abuja on Monday. In a statement by his Chief Press Secretary (CPS), Ahmed Idris, the governor said the…
18 Jul 2023
Nigeria’s grave fiscal position for the 2022 financial year became clearer yesterday, as latest data showed that of N4.26 trillion total revenue available for financing the 2022 budget in the first three quarters of last year, a colossal sum of N4.23 trillion went into debt financing.
18 Jul 2023
The World Bank’s Global Education Evidence Advisory Panel (GEEAP) report has rated Kwara State Government’s Leading Education Achievement and Reform Now (KwaraLEARN) among “Smart Buys”.
13 Jul 2023
President Bola Tinubu has said N8,000 will be paid to 12 million Nigerian families for six months to cushion the effects of petrol subsidy removal. Tinubu during his inaugural presidential address on May 29 announced the removal of the petrol subsidy, causing the prices of petrol products to jump over 200% and an increase in…
12 Jul 2023
A report by the World Bank, said businesses in Nigeria suffer a yearly loss of $29 billion as a result of unreliable power supply – a development that continues to cripple both private and public investments in the country.
9 Jul 2023
Local electricity metre manufacturing and assembling firms may face tough times in the days ahead as the Federal Government has opened a bid for a $155 million World Bank loan to import metres.
5 Jul 2023
The World Trade Organisation (WTO) and World Bank have called for advancement in trade negotiations for developing economies, including Nigeria. They made this call in ‘Trade in Services for Development’, a quarterly report jointly released on Monday during a virtual meeting...
3 Jul 2023
A former lead public sector management specialist at the World Bank and foremost professor of public administration, Ladipo Adamolekun, has made four recommendations, which he said are needed to make Nigeria work.
2 Jul 2023
The World Bank has unveiled plans to commit additional $750m to deepen access to electricity through the Nigeria Electrification Project (NEP). World Bank’s Director of Strategy and Operations for Western Central African Region...
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