The World Bank has pledged $2.1bn (£1.4bn; €1.9bn) to help rebuild north-eastern parts of Nigeria, wracked by years of Boko Haram militancy, Nigerian President Muhammadu Buhari says.
Mr Buhari was speaking in Washington after talks with World Bank officials.
He said priority must be given to rebuilding infrastructure and helping those displaced by the conflict.
Mr Buhari has pledged to defeat Boko Haram insurgents who have killed thousands in Nigeria since 2009.
More than a million people have also been displaced by the insurgency.
On Monday, US President Barack Obama pledged his support for Mr Buhari in the campaign against Boko Haram. The US has committed $5 million (£3.2m; €4.6m) to the fight against the insurgents since the Nigerian leader was elected earlier this year.
In a statement released on Tuesday, Mr Buhari urged the World Bank to send a team to Nigeria to assess how to spend the funds.
The money is expected be given in the form of a loan which will be interest-free for the first 10 years.
BBC Africa editor Richard Hamilton says extreme poverty and neglect in north-eastern Nigeria is thought to have fuelled the rise of Islamic extremism and given Boko Haram broader appeal.
Mr Buhari also met representatives of the World Health Organization and the Bill and Melinda Gates Foundation to discuss measures to tackle malaria and polio.

http://www.bbc.com/news/world-africa-33617311#?utm_source=twitterfeed&utm_medium=twitter

.

k

Its good but anything loan come at a price.
www.

If i talk the thing wey dey my mind now dem go say i don start be dat!

Good development.

IGBOSON1:
If i talk the thing wey dey my mind now dem go say i don start be dat!

talk abeg

Good

dayo23:
The World Bank has pledged $2.1bn (£1.4bn; €1.9bn) to help rebuild north-eastern parts of Nigeria, wracked by years of Boko Haram militancy, Nigerian President Muhammadu Buhari says.
Mr Buhari was speaking in Washington after talks with World Bank officials.
He said priority must be given to rebuilding infrastructure and helping those displaced by the conflict.
Mr Buhari has pledged to defeat Boko Haram insurgents who have killed thousands in Nigeria since 2009.
More than a million people have also been displaced by the insurgency.
On Monday, US President Barack Obama pledged his support for Mr Buhari in the campaign against Boko Haram. The US has committed $5 million (£3.2m; €4.6m) to the fight against the insurgents since the Nigerian leader was elected earlier this year.
In a statement released on Tuesday, Mr Buhari urged the World Bank to send a team to Nigeria to assess how to spend the funds.
The money is expected be given in the form of a loan which will be interest-free for the first 10 years.
BBC Africa editor Richard Hamilton says extreme poverty and neglect in north-eastern Nigeria is thought to have fuelled the rise of Islamic extremism and given Boko Haram broader appeal.
Mr Buhari also met representatives of the World Health Organization and the Bill and Melinda Gates Foundation to discuss measures to tackle malaria and polio.

http://www.bbc.com/news/world-africa-33617311#?utm_source=twitterfeed&utm_medium=twitter

a big news!

Nothing free...No be gift, u must pay Back

The money is expected be given in the form of a loan which will be interest-free for the first 10 years.
BBC Africa editor Richard Hamilton says extreme poverty and neglect in north-eastern Nigeria is thought to have fuelled the rise of Islamic extremism and given Boko Haram broader appeal.


Sympathisers turn Nigeria to business Ground

Now, how much would be the interest after 10years

small steps to to start another debt problem with world Bank

Kennycool1:

Nothing free...No be gift, u must pay Back

The money is expected be given in the form of a loan which will be interest-free for the first 10 years.
BBC Africa editor Richard Hamilton says extreme poverty and neglect in north-eastern Nigeria is thought to have fuelled the rise of Islamic extremism and given Boko Haram broader appeal.


Sympathisers turn Nigeria to business Ground

Now, how much would be the interest after 10years

small steps to to start another debt problem with world Bank

it still a welcome development

Are the going to rebuild the NE in the middle of war? I thought rebuilding would only come in after the insurgency have been quelled.BTW the SE is still awaiting rebuilding 45 years after the civil war

Wouldn't he focus on Ending the war against Boko Harem first?
More like putting the cart before the horse.

Robbing Peter (Nigeria) to pay Paul (North) .
This is truly government of the North

calebo101:
[b]Who built South East after the civil war? Who built Niger Delta after the militants show? Why is the injustice in Nigeria growing instead of being abated?

Now Buhari has indebted Nigeria in a subtle manner. If i call am dullard now dem go say I dey insult am. How can he take this wrapped glittering poison? Who does that? Is he not aware what Greece and other countries are facing?

Why is the whole of Nigeria going to pay for the misdeeds of a jihadist sect fuelled by same APC just to malign and score political point?

Even if he wanted to take a loan or seek assistance in rebuilding, common sense should have told him to look the Chinese and Russian way rather than imperialist USA and their cronies.

When GEJ totally sidelined America and decided to deal with others we knew we had a president that could look at Obama in the face and called him bluff. Now we have a dullard supported by a massive movement of fanatics and illiterates who celebrate the visit of Buhari to Obama as the best invention after jollof rice. It's embarrassing seeing them glee over pictures and promises. Same way Obasanjo rubbed shoulders with then and gave bakassi away!

[/b]

GBAM