The African Development Bank has approved a $46 million loan to help improve health facilities in Sokoto State. In a…
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The Federal Government says it has secured a loan facility of 134 million dollars from the African Development Bank (AfDB) to help farmers boost seeds and grain production in the country.
The Federal Government has secured a loan facility of 134 million dollars from the African Development Bank (AfDB) to help farmers boost seeds and grain production in the country.
The Federal Government of Nigeria is in the process of securing a $500 million loan from the World Bank aimed at improving basic education across the country, particularly focusing on enhancing learning outcomes and reducing the number of out-of-school children.
The World Bank has approved a 500 million dollar loan to support the Sustainable Power and Irrigation for Nigeria (SPIN) project aimed at reducing climate-induced challenges.
According to the PID, the loan will focus on three major result areas, with the improvement of recruitment, deployment, and performance management of sector workers being a key component.
The World Bank has disbursed $751.88 million to Nigeria from a recently approved loan of $1.5 billion, Nairametrics reports. According…
If approved, Nigeria will have secured a total of $4.25 billion in loans from the bank this year alone and a cumulative $6.95 billion under the administration of President Bola Tinubu.
Okafor said that funds advanced to end users of the various Federal Government interventions had also been allegedly misused, misapplied and channelled to non-farming and non-agricultural purposes.
“This combined total of $2.25 billion will offer essential financial and technical support as the government continues to address economic distortions.