Tag: World Bank
Tinubu okays $750m for rural electrification
The Federal Government has approved a $750m World Bank funding for the construction of 1,200 mini-grids in rural communities across Nigeria.
The Managing Director/Chief Executive...
Senate approves Tinubu’s $500m World Bank loan for electricity metres
The Senate, on Wednesday, approved a $500 million World Bank loan request by President Bola Tinubu to provide electricity metres for the citizens.
The fund...
Nigeria’s manufacturing export plunges by 166% to ₦778bn – World Bank
Nigeria’s revenue from the manufacturing export sector has plunged by 166 per cent to ₦778.4bn from the ₦2.trn height reached in 2019.
A newly published...
FG to receive $2.25bn World Bank loan June 13
The Federal Government is poised to receive fresh loan funding from the World Bank, with approval expected for loans totalling $2.25bn on June 13,...
IMF, World Bank must end colonial rule, says ActionAid
ActionAid has said the time is up for the International Monetary Fund (IMF) and the World Bank to stop perpetuating a colonial rule on...
World Bank, AfDB to connect 300m people to electricity in Africa
The World Bank Group(WBG) and African Development Bank(AfDB) Group are partnering to provide no fewer than 300 million people in Africa with electricity access...
FG seeks $1bn World Bank loans for IDPs, Agriculture
The Federal Government is in talks with the World Bank to complete the processes of obtaining over $1bn loans to address the challenges facing...
FG seeks extension of deadline for $500m World Bank Loan
World Bank
The Nigerian government has requested an extension for the deadline of a significant $500 million loan from the World Bank that was...
FG, World Bank target $3bn to fund broadband infrastructure – Tijani
The Federal Government and the World Bank are targeting three billion dollars to fund additional 120,000km fibre optic cables to leap frog broadband infrastructure...
Agriculture, construction, and others to drive Nigeria’s economic growth by 3.3...
The World Bank has projected that agriculture, construction, services, and trade are expected to drive Nigeria’s economy’s growth in 2024.
According to the development bank,...
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