World Bank loan Archives

World Bank loan Archives - JKCYNO BLOG

Tinubu Seeks Fresh $2bn Loan from World Bank

The Federal Government has initiated steps to secure a new $2 billion loan from the World Bank. The loan request, submitted by the Ministry of Finance on behalf of the government, is currently under concept review, an appraisal phase that precedes further negotiations and approval. Documents on the World Bank’s website reveal that the government

Nigeria may reinstate a previously suspended telecom tax and other fiscal measures as it seeks to secure a new $750 million loan from the World Bank. This is according to the Stakeholder Engagement Plan for Nigeria – Accelerating Resource Mobilisation Reforms (ARMOR) P-For-R (P177308) program dated March 2024, between Nigeria and the World Bank. A copy of