The Civil Society Legislative Advocacy Centre, CISLAC, has queried the Federal Government over the World Bank’s $800 million loan to the country, as a palliative to cushion the effect of the proposed fuel subsidy removal by June. The Executive Director of CISLAC, Auwal Musa-Rafsanjani, in a statement on Friday, lamented the nonchalant attitude displayed by […]
Tag: World Bank
96% Of Nigeria’s Revenue Spent On Debt Servicing In 2022 – World Bank
The World Bank says Nigeria’s constant fiscal deficit has worsened the nation’s public debt stock, with 96.3 per cent of government revenue spent on servicing debt in 2022. This was according to the Macro Poverty Outlook for Nigeria: April 2023 brief released by the bank. The report read in part, “The fiscal position deteriorated. In […]
Kano Farmers Say World Bank Project Will Boost Agriculture
Abba Dukawa Kano state project coordinator, of CARES project Rufa’i Halilu, has said the project has spent about N300 million on farm input support components adding that the amount was expended on providing the beneficiaries with solar-powered water pumping machines, power tillers, planters, fertilisers, insecticides, herbicides, sprayers, and improved seeds, among others. According to him […]
11-year-old Kano Maths Genius Gets World Bank-assisted Scholarship
Saratu Garba, an 11-year-old out-of-school girl has been offered a scholarship by the Adolescent Girls Initiative for Learning and Empowerment (AGILE), a World Bank-supported project. Saratu’s arithmetic prowess recently went viral on social media platforms, with her ability to quickly provide mathematical solutions attracting the admiration of many. On Wednesday in Kano, Aliyu Yusuf, AGILE […]