Tuesday, June 15, 2021
telegram SH
Whatsapp 9787748839374893773 1

images 23 1609798193847

HomeNewsPoliticsFederal Government To Borrow $750m From World Bank

Federal Government To Borrow $750m From World Bank

Plans are underway by the federal government to borrow $750 million from the World bank for some states to stimulate local economies in Nigeria.

Zainab Ahmed, Minister of Finance, Budget, and National Planning made this known at the inauguration ceremony of the Federal Steering Committees of the Nigeria COVID-19 Action Recovery and Economic Stimulus (N-CARES) in Abuja on Friday, November 13.

Zainab said the Nigerian Government “is in the process of accessing a World Bank loan of $750 million on behalf of the states, to stimulate the local economy and support vulnerable household’s consumption”.

Related Posts

  1. 143 New COVID-19 Cases, 209 Discharged In Nigeria
  2. 155 New COVID-19 Cases, 192 Discharged In Nigeria
  3. Screenshot 20200805 094808
  4. FG Seeks Fresh $1.2 Billion Loan From Brazil
  5. Screenshot 20200722 132657
  6. images2B252822529 2
  7. NCDC Announces 156 New Covid-19 Cases, 146 Discharged
  8. NCDC Records 157 New Covid-19 Cases, 89 Discharged
  9. Nigeria Records 110 New COVID-19 Cases
  10. Nigeria Records 112 New Covid-19 Cases, 93 Discharged
  11. Nigeria Records 152 New Covid-19 Cases

On the civil unrest and COVID-19 impact in Nigeria, the finance minister said the consequences would be too high if government ignores the root cause of rising anomaly in Nigeria.

She said:

The consequences will be too high if we ignore the root cause of rising civil unrest in our country. We must, therefore, fashion out ways of ensuring that post Covid-19 is not injurious to the Nigerian people and the economy


SEE HOW TO MAKE MONEY ON THIS PLATFORM>>[http://bit.ly/2PvYHfC]

Donate to support Freshreporters=>https://freshreporters.com/support




DISCLAIMER
For publication of your news content, articles, videos or any other news worthy materials, please send a mail to thefreshrepo [email protected]

For Advert and other info, you can send a WhatsApp Message to +2347050565443


Join thousands of readers to receive daily Latest News:

telegram iconJoin our Telegram Group

facebook iconLike our Facebook Page

whatsapp iconJoin our WhatsApp Group

twitter iconFollow Us on Twitter

facebook iconJoin Our FACEBOOK GROUP

instagram iconFollow Us on Instagram

youtube iconSubscribe to our YouTube Channel


PROMO SALES!!! Get cheap WRISTWATCH, SHADES & BRACELET collections😘💃

wristwatch, shades, bracelet

Most Viewed news