Economy

SERAP to Wold Bank; Suspend Loans to Nigeria’s 36 States

Web News 27 November 2023 191 0

The Socio-Economic Rights and Accountability Project, SERAP, has urged the World Bank President, Mr Ajay Banga, to suspend issuing loans to Nigeria’s 36 states over allegations of mismanaging public funds, including loans obtained from the institution. It also urged the World Bank to probe the Continue Reading

Economy

World Bank Advises Nigeria to Sustain Fuel Subsidy Removal

Web News 19 August 2023 578 0

By Olaolu Fawole The World Bank has advised the federal government on the need to ensure accountability in the disbursement of proceeds from the fuel subsidy removal. Country Director, World Bank, Nigeria Office, Professor Shubham Chaudhuri, said this in Ibadan at a Symposium on “Economic Opportunity Pathways to Navigating Post-reform Challenges in Nigeria”. He stated […]Continue Reading

Economy

FG Targets Forensic Audit of CBN, Overhaul of Civil Service Payroll

Web News 5 August 2023 303 0

President Bola Tinubu says a comprehensive forensic audit of the Central Bank is underway, while a thorough overhaul of the Civil Service payroll is imminent.  The President stated this during an audience with the President of the World Bank, Mr. Ajay Banga, at the Presidential Villa, Abuja. ”The reforms are in tandem with Nigeria’s Ease […]Continue Reading

Economy

World Bank Steps Up Ogun in Women Project

Web News 29 July 2023 433 0

By Oluwatoyin Adegoke  The Ogun State Government has qualified for the second phase of Nigeria for Women Project, NFWP, for demonstrating its commitment as a proactive partner in terms of women empowerment and poverty alleviation. Task Team Leader of NFWP, a World Bank-sponsored initiative, Mr. Michael Ilesanmi made this known during a meeting with the Adviser Continue Reading

Crime

Ekiti Attorney General Advocates Safe Space for SGBV Victims

Web News 25 August 2022 500 0

Ekiti State Attorney General and Commissioner for Justice, Mr Wale Fapohunda, SAN, has called for a safe space for women in public service experiencing sexual and gender-based violence in their homes. Mr Fapohunda stated this while delivering a lecture titled ‘Tackling the Menace of Sexual and Gender-Based Violence in Public Service (SGBV): Role of Women […]Continue Reading

Health

2 Years, 7.3 Billion Naira Later, Shoddy Jobs Trails Osun 332 PHCs Revitalisation Project

Web News 16 December 2021 749 0

In January 2019, Osun State Government received a $20 million grant from Federal Government-World Bank “Programme for Result” “PforR”, a health intervention programme following the state’s success in the previous intervention project. The programme supports the government’s existing “Save One Million Lives” (SOML) initiative by providing incentives based Continue Reading

Economy

Delta Commits 600 Million Naira to SDGs

Web News 17 November 2021 624 0

The Delta State Government has committed the sum of six hundred million naira in counterpart funds to attract the same amount from the World Bank and United Nations’ Sustainable Development Goals, SDG. Delta State Commissioner for Information Mr. Charlse Aniagwu, stated this at the Government House, Asaba, at the end of the State Executive Council […]Continue Reading

Environment

World Bank, Ekiti, Spent billions of naira on Clean Water Supply

Web News 14 October 2021 838 0

Ekiti State Government has spent ten billion nairas to ensure potable water supply across the towns and villages in the state. Out of the figure, the Ekiti government contributed one billion naira counterpart funds, while the World Bank donated fifty million dollars. While analyzing the Project, Governor Kayode Fayemi said that over two hundred and […]Continue Reading

Environment

We’re committed to serving the people’s interest – Gov. Makinde

Web News 11 August 2021 522 0

In upholding his pledge to continue to serve the interests of the people of Oyo State, Governor ‘Seyi Makinde has expressed his avowed commitment to the timely completion of the World Bank-backed Ibadan Urban Flood Management Project (IUFMP). The governor has also appealed to the World Bank not to withdraw its conditional no objection for […]Continue Reading

Agriculture

44,000 Ogun Farmers To Benefit From World Bank’s Intervention

Web News 7 August 2021 684 0

Forty thousand farmers are expected to benefit from the World Bank assisted programme through agricultural intervention programmes of Ogun State Economic Transformation Project, OGSTEP. The Ogun State Commissioner for Agriculture, Dr. Adeola Odedina announced this during a familiarization and validation exercise to some places in Obafemi Owode Local Government Area of Continue Reading

Energy

FG Faults World Bank Report On Electricity Supply

Web News 26 April 2021 552 0

The Federal Government has faulted claims by a World Bank report which indicated that 78% of power consumers in Nigeria get less than 12 hours of daily electricity supply. A Special Adviser to the President on Infrastructure, Mr. Ahmad Rufai Zakari, said in statement in Abuja that it was unclear what empirical evidence the World […]Continue Reading

Economy

Gov. Makinde Inaugurates Covid-19 Economic Stimulus Package (CARES)

Web News 28 January 2021 557 0

Governor Seyi Makinde of Oyo State has inaugurated a steering committee for COVID-19 Action Recovery and Economic Stimulus Programme for Result (CARES) to provide necessary intervention and support for the people in the state. The CARES initiative is a World Bank programme across the 36 states of the federation including the Federal Capital Territory, FCT.  The Continue Reading

Economy

World Bank Concludes Registration of Poor, Vulnerable Households in Oyo Town

Web News 13 October 2020 692 0

Another round of training for some selected officials and enumerators on community based registration of poor, vulnerable households in Oyo State has been concluded in Oyo town. The leader of the field exercise, Mrs. Laide Lasisi, who is also the Coordinator, Oyo State Operation Coordinating Unit, SOCU said the aim of the World Bank Assisted […]Continue Reading

Economy

Beneficiaries Laud EU, World Bank Development Initiatives in Delta

Web News 27 August 2020 683 0

The beneficiaries of European Union and the World Bank assisted State Expenditure and Employment for Results Project SEEFOR in Delta State say, the interventionist programs has led to a boost in admission in schools and other developmental initiatives in the area. They made this known during a media tour of community based projects embarked upon […]Continue Reading

Health

Senator Fadahunsi Tasks Osun Govt. on Use of World Bank’s Health Grant

Web News 11 July 2020 727 0

Osun State Government has been advised to use part of the 20million dollar health grant by the World Bank to procure testing kits and establish more testing centres to contain community transmission of Covid-19 in the state. A member representing Osun East in the Senate, Senator Francis Fadahunsi gave the advice in an exclusive interview Radio Nigeria Continue Reading

Yoruba

Banki Agbaye Nawo Iranwo Si Eka Ina Oba Lorile Ede Naijiria

Web News 24 June 2020 1005 0

Banki agbaye ti buwolu owoya oni millionu eedegberin o le ni aadota, 750 million dollars ti egbe to wa fun idagbasoke lagbaye fun agbedide eka ina oba nile Naijiria. Ninu atejade ti banki naa fi sita nilu Abuja, o ni igbese naa ni won gbe lati lee ri pe eka ina oba tubo fese rinle […]Continue Reading

News Analysis

Protecting Children from Labour amidst Covid-19 Pandemic

Web News 10 June 2020 951 0

Children around the world are routinely engaged in paid and unpaid forms of work that may be harmful to them. However, child labour is when children under the legal age of adulthood work or are involved in hazardous activities that may compromise their physical, mental, social or educational development. According to World Bank records, Africa […]Continue Reading

Economy

Poverty Alleviation: Oyo Govt, World Bank Release 76 Million Naira

Web News 9 March 2020 617 0

Oyo State Government has disbursed a sum of about Seventy-Six Million naira to eighteen communities and two vulnerable groups under its World Bank-Assisted programme. The money disbursed through the Oyo State Community and Social Development Agency, OYCSDA, would be spent on education, water, transportation, socio-economic, environment and health sectors in each Continue Reading

Foreign

Coronavirus: World Bank Pledges $12bn in Emergency Aid

Web News 4 March 2020 562 0

The World Bank has committed $12bn (£9.4bn) in aid for developing countries grappling with the spread of the coronavirus. The emergency package includes low-cost loans, grants and technical assistance. The action comes as leaders around the world pledge to shield their countries from the economic impact of the outbreak. It follows warnings that slowdown from […]Continue Reading

Education

Gov. Makinde Restates Commitment to Education Sector

Web News 4 November 2019 807 0

Oyo State Government has restated its administration’s commitment to accord more priority to the education sector.  The Governor, Engineer Seyi Makinde stated this in Ibadan at the opening of a two day policy dialogue workshop with stakeholders on “Better Education Service Delivery for All”, organized by World Bank in collaboration with Universal Basic Education Continue Reading