Category Archives: World Bank

Investing in children, morally right and economically safe – World bank

The World Bank has pledged its sustained support to the Nigerian Government to ensure quality health and development of children. Mr Rachid Benmessaoud, World Bank Country Director, Nigeria, made the promise at the on-going National Early Childhood Development conference on Wednesday in Abuja with the theme “Investing early in every Nigerian child”. Benmessaoud who noted […]

How Nigeria’s infrastructure deficit can be quickly addressed — World Bank

By Emma Ujah, Abuja Bureau Chief ABUJA—The nation’s infrastructure deficit could be quickly addressed if the Federal Government provides well-articulated guidelines and enabling environment to attract private capital through the Public Private Partnership, PPP, strategy, the World Bank has said. wold bank World Bank Senior Director, Infrastructure, PPP and Guarantees Group, Laurance Carter and the […]

Nigeria wants IMF, World Bank reformed

Nigeria has demanded the reform of the Bretton Wood Institutions to make them responsive to the needs of developing countries and also reflect the realities of the 21st century. The Minister of Foreign Affairs, Geoffrey Onyeama, stated this at the 41st Ministerial Meeting of the Group of 77 plus China (G77+China) on the sidelines of […]

World Bank disowns fraudulent co-operative scheme

By Babajide Komolafe The World Bank has dissociated itself from a multi-purpose co-operative scheme advertised in some parts of the country. In a fraud alert issued last week and titled: “World Bank warns of Co-operative scheme scam”, the bank stated: “The World Bank’s attention has been drawn to a fraudulent multi-purpose, co-operative scheme being advertised in […]