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Tag Archives: World Bank

World Bank, Ogun plan quality facilities for rural dwellers

rural dwellers

The Ogun government, in partnership with the World Bank, is to bring succour to rural dwellers in the state through the provision of needed infrastructure and social amenities that would lessen poverty in the communities. READ ALSO: Osun partners World bank to boost agribusiness General Manager of the State Community and Social Development Agency, Sakirudeen Salami, who disclosed this yesterday ...

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World Bank partners Kaduna Govt. to boost Agriculture

World Bank

The World Bank, in collaboration with the Kaduna State Ministry of Agriculture, has organised a one-day sensitisation programme aimed at boosting agricultural production, especially at the grassroots. The meeting, tagged; Agro-processing, Productivity Enhancement and Livelihood Support Project (APPEALS) was held at New Choice Auditorium, Kafanchan, Jema’a Local Government Area (LGA). Mr. Yahaya Aminu, the Project Coordinator, said the objective of ...

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Ikpeazu commissions erosion remediation in Umuahia


Gov. Okezie Ikpeazu of Abia on Tuesday inaugurated a gully erosion remediation in Umuagu-Ibeku and the 5.8km-Umuada Isingwu/Amafor/Ossah-Ibeku Road. In his speech, Ikpeazu commended the state Ministry of Environment and Nigerian Environmental Watershed Management Project (NEWMAP) for completing the projects within a record time of ten months. He said that the execution of the two projects would not only give ...

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Osun partners World Bank to boost agribusiness


Osun State government in the last eight years has provided necessary farm inputs and infrastructure that has transformed the fortune of farmers and boost agribusinesses in the state. However, one major albatross is transporting farm produces to market. For years it was gathered farmers were running at a loss, as their produce perishes before getting to market. This has become ...

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INFRASTRUCTURE: Obasanjo seeks support from China, others with $90billion


Former President, Chief Olusegun Obasanjo yesterday requested China to give $90bn to Africa for the development of infrastructure, saying it was the only way the current acute infrastructural deficit on the continent could be addressed. The money is to be spread for nine years. Speaking at the forum organised by the Gusau Institute in collaboration with the Centre for Nigerian ...

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High mortgage interest rate delays housing delivery – Experts


The impact of high mortgage interest on the nation’s housing delivery has continued to be a source of worry for operators. This is because of the importance of housing finance in improving coverage rate, which has unfortunately remained at a dismal 25 per cent. Experts have insisted that housing finance is central to the nation’s economic development. Lack of proper ...

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Power sector loses N108 billion in the first quarter of 2018

Power sector

The NESI’s data shows that Nigeria’s power sector is losing between N1.2 billion to N1.5 billion monthly to constraints such as water, gas and transmission line. Nigeria’s power sector lost a total of N108 billion in the first quarter of 2018 from constraints that include gas supply, water, and transmission line. The sum of N108 billion has been lost to ...

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Kano signs MoU with World Bank to construct 500km roads

World Bank

Kano –   Kano State Government has signed a Memorandum of Understanding with the World Bank to construct 500 kilometres of roads in rural areas of the state. A statement by Abba Anwar, Chief Press Secretary to Governor Abdullahi Ganduje, made available to newsmen in Kano on Monday, said the roads would be constructed under the Rural Access and Agricultural Marketing ...

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Osinbajo attacks Jonathan again, says, “$3 billion embezzled under you could have built 7 major roads”


Vice-President Yemi Osinbajo has fired yet another shot at ex-President Goodluck Jonathan, saying the $3 billion allegedly frittered away through the strategic alliance contracts could have been used in constructing seven major roads. The alliance contracts are often derided by industry experts as the biggest organised scam in the history of Nigerian oil industry. The alliance contracts were between the ...

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