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World Bank hails Kogi's 2020 audited financial statement

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

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Kogi: World Bank commended us for transparency in audited financial statement

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

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Nigeria: World Bank Approves $1.5bn for States' Social Protection, Covid-19 Response

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 sharp fall in oil prices as a result of COVID-19, the economy was projected to contract by over four per cent in 2020. This, it anticipated would plunge the country into its deepest recession since the 1980s. ....

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World Bank Group to Boost Nigeria's Efforts to Reduce Poverty

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 the country into its deepest recession since the 1980s. Government revenues could fall by more than 15 billion dollars this year, and the crisis will push an additional 5 million Nigerians into poverty in 2020. ....

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W'Bank Approves $1.5bn for States' Social Protection, COVID-19 Response

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 per cent in 2020. This, it anticipated would plunge the country into its deepest recession since the 1980s. ....

Shubham Chaudhuri , Obinna Chima , World Bank Country , World Bank Group , Bank Group , Sustainability Program For Results , Program For Results Nigeria , Program Expenditure Framework , International Development Association , Multilateral Investment Guarantee Agency , International Finance Corporation , Country Partnership Framework , Economic Stimulus , State Fiscal Transparency , Sustainability Program , Additional Financing , World Bank Country Director , சுபம் ச Ud துரி , ஓபின்ன சிமா , உலகம் வங்கி நாடு , உலகம் வங்கி குழு , வங்கி குழு , நிலைத்தன்மை ப்ரோக்ர்யாம் க்கு முடிவுகள் , ப்ரோக்ர்யாம் க்கு முடிவுகள் நைஜீரியா , ப்ரோக்ர்யாம் செலவு கட்டமைப்பு , சர்வதேச வளர்ச்சி சங்கம் ,