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‘Nigeria Could Reject World Bank Loans Due to Delays’

'Nigeria Could Reject World Bank Loans Due to Delays' The Accountant-General of the Federation, Dr Shamseldeen Ogunjimi, has warned that Nigeria may reject loan facilities from the World Bank if delays in approval and disbursement persist, saying prolonged timelines could undermine the country’s willingness to...

World Bank Flags 5,000 TSA Gaps in Nigeria’s Fiscal System

The World Bank has raised concerns over weaknesses in Nigeria’s public finance management, warning that gaps in treasury operations and reporting are undermining fiscal transparency.

World Bank’s Fuel Import Call Divides Stakeholders

The World Bank’s call for Nigeria to reopen fuel imports has sharply divided downstream stakeholders, with marketers backing full deregulation while experts warn against undermining local refining.

World Bank Boosts Nigeria’s Agriculture with $500m

World Bank Boosts Nigeria’s Agriculture with $500m   The World Bank has approved a $500m International Development Association credit to boost Nigeria’s agricultural sector under a new programme targeting smallholder farmers, value chains, and food security. The funding will support the Nigeria Sustainable Agricultural Value-Chains for Growth...

World Bank Approves $500m Credit to Boost Nigeria’s Agriculture

World Bank Approves $500m Credit to Boost Nigeria’s Agriculture The World Bank has approved a $500m International Development Association credit to boost Nigeria’s agricultural sector under a new programme targeting smallholder farmers, value chains, and food security. The funding will suppo_rt the Nigeria Sustainable Agricultural Value...

FG, World Bank Target 5.2m Electricity Connections by June 2026

The Federal Government is aiming to connect 5.2 million Nigerians to electricity by June 2026 under a $750m World Bank-backed project focused on renewable energy expansion.