Tag:world bank

Business

World Bank Accuses Kyari-Led NNPC of Withholding Subsidy Removal Savings

The World Bank has raised concerns over the Nigerian National Petroleum Company Limited (NNPCL)'s handling of funds from the petrol subsidy removal. According to the...

Samuel Oludeti - May 13, 2025

Business

Petrol: Lagos Chamber backs World Bank on N750/litre

The Lagos Chamber of Commerce and Industry (LCCI), has backed the call by the World Bank that the federal government should increase the pump...

Dorcas Tyena - December 18, 2023

Business

Fuel subsidy removal to push 7.1m Nigerians to poverty — World Bank

The World Bank has stated that Nigeria has one of the highest inflation rates, which pushed an estimated four million people into poverty between...

mediagem - June 28, 2023

News

FG begs World Bank for $600mb loan to fight land degradation in North

The Federal Government on Wednesday announced plans to tackle land degradation in the 19 northern states and the Federal Capital Territory with a $600m...

Dorcas Tyena - February 3, 2022

News

World Bank gives Nigeria $500m to improve electricity

The World Bank has approved $500m to help boost access to electricity in Nigeria and improve the performance of the electricity distribution companies in...

Dorcas Tyena - February 5, 2021