Tag: World Bank

By Yakubu Musa Nothing, perhaps, illustrates the tragedy of the current world's most enduring struggle, the Israeli–Palestinian conflict, than last Friday’s UN resolution for a ceasefire. Curiously, the United States of America voted against it while her...
By Sanusi Abdullahi Kiru In the ever-evolving landscape of Nigeria's telecommunications industry, there are individuals who leave an indelible mark, reshaping the sector for the betterment of the nation. Among these luminaries, Prof. Umar Garba Danbatta stands...

Tough situations await Nigerians as World Bank recommends austerity measures

By Sahelian Times   The World Bank on Tuesday released its November 2021 Nigeria Development Update, which showed — among other things — that eight million...

FG to end petrol subsidy June 2022 as World Bank condemns N2.9tn funding

By Salim Yunusa The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on track to...

Nigeria gets $400m in World Bank financing for Covid-19

By Ismail Auwal Nigeria got approval on Friday for $400 million in World Bank financing to procure and deploy COVID-19 vaccinations, the bank said in...

World Bank to support Nigeria, others with $150billion

By Salim Yunusa The World Bank has revealed a spending plan of $150 billion to support Africa in the next five years. Speaking at the Summit...

FG, World Bank meet to discuss subsidy removal in Nigeria

By Salim Yunusa The Nigerian Government and the World Bank have discussed further reforms to remove fuel and electricity subsidies in the country. It will be...

Buhari appoints Mahmoud Isa-Dutse as executive director of IsDB

By Salim Yunusa President Muhammadu Buhari has approved the appointment of Dr. Mahmoud Isa-Dutse as Executive Director on the Board of Islamic Development Bank (IsDB)...

Exclusive: How World Bank’s N22 million donation for Kano schools was diverted into private firm’s account

By Ismail Auwal Funds donated to schools in Kano State by the Global Partnership for Education (GPE), an initiative of World Bank and other International...

20-million more Nigerians will become poor by 2022 – World Bank

By Ismail Auwal The World Bank has projected that 20-million more Nigerians will become poor by the year 2020. Figures from the 2019 Poverty and Inequality...

Nigeria per capita income may hit 40 years low – World Bank

-By Ismail Auwal Shubham Chaudhuri, World Bank’s country director for Nigeria, has said the country’s per capita income could fall to its lowest since 1980. The...

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