World Bank To Support FG’s Power Sector Recovery Programme With $1bn
The World Bank Group and the Federal Government of Nigeria concluded two days of high-level consultations on the Power Sector Recovery Programme (PSRP), with the Bank’s readiness to support it with $1 billion.
The Federal...
One Billion People Lack Access To Electricity Globally- World Bank
…80 Million Nigerians too.
As Nigeria and other Sub-Saharan African Countries gear up towards increasing access to electricity for its people, reports have shown that over one billion people lack access to electricity globally.
World Bank Lead,...
Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah has revealed that World Bank estimates that Africa’s total infrastructure investment requirements at $120-150 billion per annum.
He further explained that the World Bank estimates the gap between infrastructure investment requirements and available financial resources at...
Nigeria has for the first time been recognized as one of the top 10 most improved economies in the world. The country has also moved up 24 places to 145th in the World Bank’s ‘Doing Business’ report.
The World Bank Doing Business project provides objective...
The World Bank has approved two Program-for-Results operations totaling $961 million to support the Nigerian federal and state authorities in their effort to foster inclusion and revive growth, in alignment with the Economic Recovery and Growth Plan (ERGP) spanning 2017–2020.
The Better Education Service Delivery...
From current indices available, the Nigerian economy is gradually recovering from recession and one of the major ways proffered as solution has to do with the ease of doing business in Nigeria by both local and foreign investors.
Recently, the World Bank in its latest...