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The World Bank has commended the Government of Kogi State on its 2020 audited financial statement, describing the financial report as a standard for

The Kogi state government says its 2020 audited financial statement has been commended by the World Bank.In a statement on Monday,

Nigeria: World Bank Approves $1.5bn for States' Social Protection, Covid-19 Response 15 December 2020 By Obinna Chima The World Bank Group has approved a $1.5 billion package to help build a resilient recovery post-COVID-19 for state-level intervention in Nigeria. In addition, the multilateral institution discussed a new five-year Country Partnership Framework (CPF) from 2021 to 2024 for Nigeria. The $1.5 billion was part of a $3 billion loan request the federal government had been pushing for. A statement from the bank reiterated that Nigeria was at a critical juncture, adding that with the ...

Date Time World Bank Group to Boost Nigeria’s Efforts to Reduce Poverty New Country Partnership Framework discussed and $1.5 billion approved for social protection and strengthened state-level COVID-19 response WASHINGTON, December 15, 2020 – The World Bank Group (WBG) discussed a new five-year Country Partnership Framework (CPF) from 2021 to 2024 and approved a $1.5-billion package to help build a resilient recovery post-COVID19. Nigeria is at a critical juncture. With the sharp fall in oil prices as a result of COVID-19, the economy is projected to contract by over 4% in 2020, plunging ...

By Obinna Chima The World Bank Group has approved a $1.5 billion package to help build a resilient recovery post-COVID-19 for state-level intervention in Nigeria. In addition, the multilateral institution discussed a new five-year Country Partnership Framework (CPF) from 2021 to 2024 for Nigeria. The $1.5 billion was part of a $3 billion loan request the federal government had been pushing for. A statement from the bank reiterated that Nigeria was at a critical juncture, adding that with the sharp fall in oil prices as a result of COVID-19, the economy was projected to contract by over four p...