June 28, 2018

BREAKING: World Bank Approves $2.1bn Loan For Nigeria Projects

Hamilton Nwosa

Writer

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The World Bank has announced the approval of $2.1bn loan for seven projects to be executed in Nigeria.

A statement issued in Abuja on Thursday said the loans were approved in Washington on Wednesday and are for seven projects to support Nigeria’s investment in nutrition, access to electricity, states’ fiscal transparency, polio eradication, women’s economic empowerment, public finance and national statistics and reducing vulnerability to soil erosion.

World Bank Country Director for Nigeria, Rachid Benmessaoud, was quoted to have said, “The Federal Government of Nigeria’s Economic Recovery and Growth Plan identifies human capital investment, restoring growth, and building a competitive economy as its key pillars.

BREAKING: World Bank Approves $2.1bn Loan For Nigeria Projects

Global CEOs, Top Diplomats, Ministers, Governors, Industry leaders gather in New York to unlock the Gulf of Guinea’s over $800 billion Energy, Oil & Gas, Minerals, Maritime Opportunities

Charted: Populations of China, India, U.S., and Europe (1950–2100)

Elon Musk drops to second place as AI boom powers Oracle’s Larry Ellison to world’s richest status

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