•Tinubu and World Bank The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria today (Friday) to boost rural access and agricultural marketing in the country. According to information obtained from the Washington-based institution yesterday, the loan is for the Rural Access and Agricultural Marketi...
•Tinubu The World Bank and other stakeholders have urged the government to fight institutional corruption as it is the only guarantee to sustainable growth and development. Speaking at a policy conversation on the State of Anti-corruption Policy and Practice in Nigeria jointly organised by Agora Policy and MacArthur, yesterday, stakeholders sa...
•Tinubu Prof Ibrahim Gambari, former Chief of Staff to ex-President Muhammadu Buhari, has urged the administration of President Bola Tinubu to tweak some of its policies adopted from the World Bank and the International Monetary Fund (IMF). “Ultimately, what’s the value of the policies that the people do not support?” the octogenarian diplomat...
•ASUU President, Prof Emmanuel Osodeke The Academic Staff Union of Universities yesterday raised an alarm over a plot to sabotage the interest of public universities in the country. ASUU’s National President, Prof Emmanuel Osodeke, at an event marking the 2024 ASUU’s Heroes Day in Abuja, also accused the World Bank and the International Moneta...
•Senator Ali Ndume Senator Ali Ndume is a Senator representing Borno South Senatorial District. In this interview with Daily Independent, he speaks on President Bola Tinubu’s cabinet reshuffle, the Tax Reform Bill before the National Assembly, need for the government to cut the cost of governance, why the prescriptions of International Monetar...
•Tinubu The World Bank has said that the reports submitted by the Nigerian National Petroleum Company Limited (NNPCL) to the Federal Account Allocation Committee (FAAC) were inconsistent, and lacked necessary details on its operations. This was revealed in the bank’s Accelerating Resource Mobilisation Reforms (ARMOR) Report for May 17, 2024, r...
•Tinubu and World Bank Last Tuesday, October 15, 2024, Nigerians got the shock of their lives even as they grappled with hunger and pains occasioned by government policies. The World Bank Senior Vice President, Indermit Gill, declared in Abuja that it would take at least 10 or 15 years for President Bola Tinubu’s economic reforms […]...
Reforms undertaken by Nigeria’s government are “essential” but have piled pressure on its people, more than half of whom live in poverty, the World Bank has said. Since coming to power in May 2023, President Bola Ahmed Tinubu has introduced reforms aimed at reviving the economy of Africa’s most populous nation. Measures include the liberalisat...
•Tinubu The World Bank has urged the Tinubu-led federal government not to reverse the ongoing economic reforms, warning that it may have negative implications for the country. Removal of fuel subsidy and abolishing multiple foreign exchange systems were policies introduced by the current administration on day one in office, reports Daily Trust...
•Naira notes The naira is one of the worst-performing currencies in Sub-Saharan Africa for 2024. According to the latest edition of Africa’s Pulse, a report by the World Bank, as of August 2024, the naira had depreciated by 43% year-to-date, placing it among the weakest currencies in the region, alongside the Ethiopian birr and South […...
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