The credit would fund the purchase of vaccines for 18 per cent of the population (40 million people)… The World Bank has approved a $400million credit to Nigeria. According to a statement issued on Friday, the additional financing from the International Development Association (IDA) will cover COVID-19 vaccine acquisition and deployment across the country. As … Read more
loan takes effect from 2021 and will be terminated in 2024. The World Bank has approved Nigeria’s request for a $1.5 billion loan. This was announced in a statement by World Bank on Tuesday, December 15 noting that the loan kicks into effect from 2021 and will be terminated in 2024. “This Country Partnership Framework … Read more
World Bank Director for Nigeria, Shubham Chaudhuri on Wednesday approved a $750 million International Development Association (IDA) credit for Nigeria’s Power Sector Recovery Operation (PSRO). Shubham Chaudhuri said ”This is ultimately what is needed to lift 100 million Nigerians out of poverty. “The objective of this operation is to help turn around the power sector and … Read more