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NSSEC Seeks World Bank Intervention On Teachers’ Training

Chika Mefor-Nwachukwu The Executive Secretary of National Senior Secondary Education Commission (NSSEC), Dr. Benjamin Abakpa has called for collaboration with World Bank in the area of training for senior secondary school teachers in the country. The Executive Secretary who stated

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Dollar Shortage, Subsidy, Deficit Financing Threaten Nigeria’s Growth – W/Bank

BY CYRIL OGAR World Bank has said that economic growth in Nigeria is being threatened by certain macroeconomic challenges, including dollar shortage, petrol subsidy and the fiscal deficit financing by the Central Bank of Nigeria. The bank disclosed this in

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Why World Bank Blacklists Four Nigerian Firms

Alyiu Galadima The World Bank has suspended at least not less than four Nigerian firms for engaging in procurement frauds. One of the firms is Sargittarius Nigeria Limited, located at 22B Adebayo Doherty Road, Lekki Phase 1 Lagos. The second

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Nigeria’s Revenue-To-GDP Ratio Lowest, Private Sector Choking – W/Bank

Nigeria’s revenue-to-Gross Domestic Product ratio, which fell to between five and six per cent last year, is the lowest in the world, the World Bank said. The Country Director for Nigeria, World Bank, Dr Shubham Chaudhuri, said this during a

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Electricity Subsidy To Hit N3trn By 2023 – World Bank

cyril ogar The World Bank has said that the inability Nigeria’s Electricity Supply Industry (NESI), to allow cost-reflective model, the tariff shortfall may rise to N3 trillion by 2023. Muhammad Abba Wakil, Senior Energy Specialist, with the bank in his

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FG, World Bank Begin Process To Rebase Nigeria’s GDP

Mariam Sanni, Abuja The Federal Government in collaboration with the World Bank has commenced the process to rebase Nigeria’s Gross Domestic Product. Experts describe GDP as the final value of the goods and services that are produced within a nation’s

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92m People Benefit From Economic Inclusion Programmes – World Bank

Mariam Sanni, Abuja The World Bank says economic inclusion programmes are on the rise in 75 countries, reaching approximately 20 million poor and vulnerable households and benefitting nearly 92 million individuals. The bank said this in a statement on Tuesday

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World Bank Approves $1.5billion Loan To Strengthen Nigeria’s Economy

Mariam Sanni, Abuja The World Bank has finally approved Nigeria’s request for a $1.5 billion loan. This was disclosed in a statement by World Bank noting that the facility is a five-year Country Partnership Framework (CPF). “This Country Partnership Framework

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Sokoto Gov’t Enrolls About 76,000 Out-of-school Children

Ibrahim Goronyo, Sokoto Sokoto state government  has established 1,513 learning centers and enrolled 75,650 out of school children. Governor Aminu Waziri Tambuwal stated this Tuesday 20th October, 2020 at the launching of the Better Education Service Delivery for All (BESDA)

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SEEFOR: Mixed Feelings As World Bank, EU, Delta Partnership Ends Soon

Nosa Eresoyen, Asaba Strong mixed feelings among Deltans have continued following the soon to end World Bank, European Union ( EU) Delta State Government’s partnership on State Employment and Expenditure for Results ( SEEFOR) projects in the State. This is

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