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World Bank, Denmark withdraw aids from Tanzania over  rights violation

Tanzania’s second-biggest donor Denmark said it would withhold 10 million dollars worth of aid funds, citing concerns over human rights abuses and “unacceptable homophobic comments’’ made by a government official. The decision came on the […]
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FG borrows $495m from W’ Bank for irrigation transformation 

Okwe Obi, Abuja The Federal Government, yesterday, stated that it has borrowed $495 million from the World Bank for the implementation of the Transforming Irrigation Management in Nigeria Project (TRIMING). Minister of Water Resources, Mr. Suleiman Adamu, who stated this while reeling out his achievements as minister in Abuja, explained that the project involves the […]
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Nigeria tops African countries remittances inflows, says Emefiele

Nigeria tops African countries remittances inflows, says Emefiele

NAN Mr Godwin Emefiele, the Central Bank of Nigeria (CBN) Governor, says Nigeria tops other African countries in remittances of inflows and is among the top five globally. He made this known at a remittance household surveys workshop jointly organised by the CBN and the African Institute for Remittances (AIR) on Tuesday in Abuja. Emefiele, who was […]
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UBE: World Bank to strengthen Nigeria’s education system- Garba

100 UNIBEN students bag First Class

The World Bank has said $611m released for the Better Education Service Delivery for All (BESDA) operation in Nigeria was meant to support government to strengthen the Universal Basic Education programme (UBE) and out -of -school children challenges. The World Bank Task Team Leader in charge of BESDA, Hajiya Aisha Garba, stated this at the […] …

World Bank report ignored new reforms – FG

The Federal Government’s claim that the World Bank’s Doing Business Index (DBI) 2019 report did not consider the nine recent reforms it undertook within the cycle under review did not resonate with the private sector, which strongly feels more needed to be done to make the business environment friendlier in order to attract new investments. …

World Bank’s $611m to support Out-of-School children in Nigeria

World Bank’s $611m to support Out-of-School children in Nigeria

Olanrewaju Lawal, Birnin-Kebbi The World Bank has said that that $611 million released for the Better Education Service Delivery for All (BESDA) operation in Nigeria was meant for supporting the country in strengthening the Universal Basic Education (UBE) programme and out-of-school children challenges. The World Bank Task Team Leader in charge of the Better Education […]
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World Bank threatens to withdraw $611m UBE fund from Nigeria 

World Bank threatens to withdraw $611m UBE fund from Nigeria 

Olanrewaju Lawal, Birnin-Kebbi The World Bank has threatened to retrieve about $ 611million loan released to Nigeria by the Bank to support in strengthening the Universal Basic Education (UBE) over lack of utilisation of the fund. The Bank warned that if the Nigerian government failed to use the fund judiciously to achieve the objectives for […]
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Govts increase implementation of business reforms to 314 in a year – World Bank

World Bank has said that governments around the world has set a new record in bureaucracy breaking efforts for the domestic private sector, implementing 314 reforms in a year    as against the previous all-time high of 290 reforms two years ago.
Continue reading Govts increase implementation of business reforms to 314 in a year – World Bank at Vanguard News Nigeria. …

FG under fire over Ease of Doing Business report

FG under fire over Ease of Doing Business report

The 2018 report released on Wednesday themed ‘Doing Business 2019: A Year of Record Reforms, Rising’ showed that Nigeria was displaced by Mali, dropping from 145 to 146 Isaac Anumihe and Uche Usim, Abuja Stakeholders yesterday, slammed the Federal Government on the Nigeria’s drop on the ease of doing business ranking of the World Bank. […]
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