The World Bank has announced the approval of a $700 million facility for Nigeria Sustainable Urban and Rural Water Supply, Sanitation and Hygiene (SURWASH) Programme. The Breton Woods multilateral development finance institution (DFI) made the disclosure Thursday in a statement on its website, saying that the credit will provide six million people with basic drinking […]
Tag: World Bank Country Director for Nigeria – Shubham Chaudhuri
World Bank Commits $1.5Bn To Nigeria’s Poverty Alleviation Programmes
The World Bank Group on Tuesday announced the approval of a $1.5-billion package to help Nigeria build a resilient recovery post-COVID 19 pandemic, The approved fund was sequel to the ratification of a new five-year Country Partnership Framework (CPF) from 2021-2024 for the country. The Breton Woods institution noted that Nigeria remained now at a […]
World Bank Lists Challenges To Nigeria’s Entrepreneurial Ecosystem
The World Bank Group on Thursday reported that although Nigeria is the largest mobile market in Sub Saharan Africa (SSA) with a strong mobile broadband infrastructure and a vibrant digital entrepreneurial ecosystem, the lack of infrastructure and connectivity in the country’s rural areas is a key challenge. The Breton Woods institution disclosed this during the […]