Tag archive for ‘world bank’
By editor On Tuesday, April 22nd, 2014
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DECEPTIVE GYRATIONS: REBASING GROWTH OF THE NIGERIAN ECONOMY

Statistics are the magic, and the manna, of the economist. They are less reliable than weather forecasts – the meteorologist has a better chance of forecasting rainfall than an economist of forecasting economic More...

By editor On Tuesday, April 15th, 2014
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AS WORLD BANK RAISES IDA TO $70BN TO TACKLE EXTREME POVERTY WHILE RANKING NIGERIA AMONG TOP 5 POOR COUNTRIES

World Bank President, Jim Yong Kim, has announced that the bank will over the next decade raise its International Development Assistance (IDA) to poor countries to over $70 billion, from the current $45 to $50 More...

By editor On Friday, December 6th, 2013
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WORLD BANK LAGOS LOAN – SENATE APPROVES $200M

The Senate on Wednesday approved $200m being the second tranche of a $600m World Bank loan granted to the Lagos State Government under a development policy operation scheme it applied for in 2010. The scheme was More...

By editor On Tuesday, July 16th, 2013
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WORLD BANK FAULT’S NIGERIA’S MANAGEMENT OF OIL RESERVES

The World Bank has faulted the Federal Government’s management of oil revenues, and also warned that the country faces serious challenges in sustaining the momentum of its fiscal consolidation and reserves growth. The More...

By editor On Tuesday, May 14th, 2013
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YOU NEED STRONG DATA BASE FOR DEVT, WORLD BANK TELLS FG

By Favour Nnabugwu & Alice Festus As Nigeria continues to grapple with the challenge of reliable data, the World Bank has urged the Federal Government to build a strong and reliable data base to monitor its More...