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WORLD BANK
Former Chairman of the Independent National Electoral Commission (INEC), Professor Attahiru Jega, has cautioned Nigeria against uncritically accepting advice from Bretton Woods institutions, particularly the World Bank and the International Monetary Fund (IMF).
The Governor of the Central Bank of Nigeria, Yemi Cardoso, has announced a reduction in market volatility, attributing it to the foreign exchange reforms undertaken by the apex bank.
The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has said that Nigeria’s effort to build 90,000 kilometers of fibre across the country has received a massive boost from the World Bank.
Insecurity in Zamfara State has significantly disrupted the progress of the World Bank-funded Transforming Irrigation Management in Nigeria (TRIMING) project, raising concerns about the timely completion of key activities.
The World Bank has urged the Nigerian government to increase its investment in nutrition programs, highlighting the potential for substantial economic returns.
Nigerians have expressed diverse opinions regarding a recent World Bank policy recommendation to President Bola Tinubu about reducing governance costs and providing urgent relief for ordinary Nigerians.
The World Bank has listed a series of macroeconomic policy missteps executed by fiscal and monetary authorities between 2015 and 2023 that pushed Nigeria’s inflation to a 28-year high.
A new report by the World Bank says that up to 4.41 million Nigerian households have benefited from the conditional cash transfer with households from the Southeast being the least beneficiaries at less than four hundred thousand of the total figure.
The Federal Government of Nigeria is negotiating a $500 million loan from the World Bank to boost basic education, focusing on improving learning outcomes and reducing the number of out-of-school children.
The World Bank has suggested four policies that President Bola Tinubu's administration should adopt to reduce the cost of governance while providing relief to Nigerians.
The World Bank has advised the federal government to remove import restrictions on food and fertiliser imports and adopt a common ECOWAS external tariff.
Nigeria and other Sub-Saharan African countries are facing a critical shortage of digital skills, jeopardizing their ability to meet the rapidly growing demand for digital competencies expected to surge by 2030.