“We are here to distribute agricultural inputs free of charge to our farmers, including women and youths, with the sole aim of ensuring a bumper harvest and promoting food security by the special grace of Allah,” he said.
Browsing: World Bank
The World Bank has disbursed $751.88 million to Nigeria from a recently approved loan of $1.5 billion, Nairametrics reports. According…
The World Bank has expressed readiness to spend 10 million dollars for Nigerian youths to acquire the critical skills needed for employment.
While the increase in borrowing is notable, Nigeria’s debt servicing costs have also been significant, almost matching the amount borrowed.
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.
The Federal Government of Nigeria has formally requested the World Bank to cancel the non-disbursed balance of $41.62 million from…
“The global food crisis has been partially made worse by the growing number of food and fertilizer trade restrictions put in place by countries with a goal of increasing domestic supply and reducing prices.
During a tour and assessment exercise in Sokoto on Wednesday, the National Coordinator of the L-PRES project, Mr. Sanusi Abubakar, emphasized the federal government’s commitment to implementing effective plans through PPP.
The $45 million so far released represents about 10.5% of the total project’s cost, which is put at $430 million.
The amount of gas flared worldwide in 2023 rose by nine billion cubic meters (bcm) to 148 bcm, its highest level since 2019, a World Bank report has said.