Tag: World Bank
Sanwo-Olu’s Lagos gets World Bank commendation for groundbreaking developments
Diop praised the reforms initiated by the Sanwo-Olu administration, particularly in the transportation sector, which has expanded Lagos' multimodal transport…
Lagos Procurement Agency seeks further support from World Bank
Onafowote expressed gratitude for the Bank’s previous support and emphasized the need for additional assistance in procurement reforms, system modernization,…
₦121.67trn debt: SERAP asks Inspection Panel to hold World Bank to account
“Under Article 1 of the World Bank Articles of Agreement, the stated purposes of the Bank include ‘to assist in…
World Banks lists seven Nigerian states that may have severe food crisis
Already, there have been outcries and protests in Nigeria over the current food crisis. But the Federal Government has moved…
99.9% poor households yet to get cash transfer from FG, says World Bank
The Conditional Cash Transfer Programme, an initiative of the President Bola Tinubu enjoys a funding support of $800 million from…
Oyo govt seeks World Bank’s support for portable water
The Oyo State Government has sought assistance from the World Bank in its efforts to provide universal access to safe…
World Bank stops new loans to Uganda over gay law
"No new public financing to Uganda will be presented to our Board of Executive Directors until the efficacy of the…
World Bank approves $1bn to improve security in Lake Chad region
The World Bank has provided one billion dollars to strengthen resilience and improve the livelihood of the people in the…
Nigeria’s inflation rate to hit 25%, says World Bank
According to the June 2023 issue of the Nigeria Development Update, the bank predicted a considerable increase in 2023 to…
SGBV: Ogun govt, World Bank sensitize students in Ijebu Ode
Prof. Arigbabu said for gender-based violence to stop, the students also have their part to play.
World Bank announces Ajay Banga as sole President-nominee
Banga was nominated by US President Joe Biden to lead the World Bank in February, saying he is "well equipped"…
Emerging markets, developing economies will be hit hard in 2 years – World Bank
Globally, growth continues to slow sharply due to rising inflation and interest rates, reduced investment, and supply disruptions caused by…
Gambian delegation understudies Edo’s procurement system
The World Bank sponsors a delegation from the Government of the Gambia to understudy the Edo State Procurement system.
Glasgow Team urges World Bank to drive investments in clean energy
By Richard Elesho The Glasgow Action Team has challenged the World Bank has to back its rhetoric on climate action…
World Bank, US EXIM Bank pledge $3b for Nigeria’s Energy Transition Plan
Africa’s increasing energy gaps require collaboration to take ownership of the continent’s transition pathways and the action should be decisive…