World Bank Clarifies Position on Nigeria's Borrowing
The World Bank says it is supporting efforts made by the government to achieve economic growth, including securing foreign loans. The bank has denied that it disagreed with the Minister of Finance, Kemi Adeosun, over the government's external borrowing plan aimed at stimulating the economy and funding infrastructure projects in the country.
World Bank
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Nigeria:
World Bank Explains Stance On Nigerian Govt's Debt
Premium Times, 18 October 2017
The World Bank Group on Wednesday denied that the Bank disagreed with the Minister of Finance, Kemi Adeosun, over the borrowings by the Nigerian government to stimulate the economy… Read more »
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Nigeria:
$5.5 Bn Loan - World Bank Has Confirmed Our Fears - PDP
Vanguard, 18 October 2017
The Peoples Democratic Party, PDP, has said the warning issued by the World Bank against the rising dept profile of President Muhammadu Buhari-led administration was a confirmation… Read more »
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Nigeria:
World Bank Laments Lack of Progress in Tackling Poverty
This Day, 18 October 2017
The World Bank has lamented the lack of progress since the 1960s in an area that is crucial for reducing poverty and inequality and promoting growth in the world. Read more »
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Nigeria:
APC Stop Borrowing in the Interest of Nigeria - PDP
PDP, 17 October 2017
The Peoples Democratic Party (PDP) wishes to draw the attention of all Nigerians to the warning by the World Bank on the danger inherent in the continued unbridled borrowing by the… Read more »
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Nigeria:
$5.5 Bn Loan - Heed World Bank's Warning, PDP Cautions APC
Leadership, 18 October 2017
The Peoples Democratic Party (PDP) yesterday asked the federal government to heed the caution of the World Bank over plans to borrow $5.5bn loan. Read more »
InFocus
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Kemi Adeosun, Minister of Finance, has said that Nigerians need to tolerate the recurring borrowing and negotiations as they are temporary and aimed at delivering the rail system, ... Read more »