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Nairaland Forum / Nairaland / General / Business / We Have Invested $8.5b In Nigeria - World Bank (13016 Views)
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We Have Invested $8.5b In Nigeria - World Bank by kidap: 11:30am On Oct 17, 2017 |
The World Bank Group says it has an investment portfolio of about 8.5 billion dollars scattered across states and regions in Nigeria to support inclusive economic development and youth empowerment. Mrs Olufunke Olufon, the Senior Communications Officer, World Bank Nigeria, made this known in a statement on Sunday in Abuja. She stated that the investments were to assist the 36 states of the federation and the Federal Capital Territory to reduce poverty and foster prosperity for all Nigerians. She noted that the explanation followed concerns raised by Nigerians over the comment by World Bank President, Mr Jim Yong Kim that President Muhammadu Buhari asked the bank to shift its intervention focus to North Eastern states. She said that the bank was also working with federal and state governments, as well as development partners on speedy delivery of critical interventions to people of the North East who urgently needed assistance. She added that “in 2015, the Government of Nigeria requested World Bank support to respond to the humanitarian and development crisis in the North East of Nigeria. “To assess the needs of the nearly 15 million people in the region impacted by the crisis, the World Bank Group, the UN and European Union carried out a Recovery and Peace Building Assessment (RPBA). “And based on the findings of the assessment, World Bank’s 775 million dollars support to the North East focuses on restoring basic education, health services, agricultural production, and livelihood improvement opportunities.” Olufon noted that the World Bank Group was doubling its resources to address fragility, conflict and violence at the subnational and national levels and help to stabilise places that were affected by high poverty and influx of people. http://gidifeed.com/weve-invested-8-5b-nigeria-says-world-bank/ 2 Likes 1 Share
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Re: We Have Invested $8.5b In Nigeria - World Bank by Fxmanager(m): 11:32am On Oct 17, 2017 |
Okay. |
Re: We Have Invested $8.5b In Nigeria - World Bank by EZENDIZUOGU(m): 11:38am On Oct 17, 2017 |
in Northan Nigeria, I BELIEVE? 71 Likes 3 Shares |
Re: We Have Invested $8.5b In Nigeria - World Bank by Lexusgs430: 12:55pm On Oct 17, 2017 |
Where? |
Re: We Have Invested $8.5b In Nigeria - World Bank by iamawara(m): 12:55pm On Oct 17, 2017 |
Lol. My Akpu and Ugwu friends will not like it Sha They be like Nnameh this worlu bank pipu are so wickehd. Why dint they invest this moniey into MMM Nigeria. 7 Likes 1 Share |
Re: We Have Invested $8.5b In Nigeria - World Bank by aleeyus(m): 12:55pm On Oct 17, 2017 |
Really ? |
Re: We Have Invested $8.5b In Nigeria - World Bank by obembet(f): 12:55pm On Oct 17, 2017 |
Not in Nigeria, in Northern part of Nigeria 40 Likes 5 Shares |
Re: We Have Invested $8.5b In Nigeria - World Bank by stcool(m): 12:55pm On Oct 17, 2017 |
naijaisGOOD: in the North, as requested by KING in the NORTH 69 Likes 5 Shares |
Re: We Have Invested $8.5b In Nigeria - World Bank by francis247(m): 12:55pm On Oct 17, 2017 |
naijaisGOOD:Inside Buhari's pocket 4 Likes |
Re: We Have Invested $8.5b In Nigeria - World Bank by harmbhrosz(m): 12:56pm On Oct 17, 2017 |
Make me sef follow talk where Where pls 7 Likes |
Re: We Have Invested $8.5b In Nigeria - World Bank by positivelord: 12:56pm On Oct 17, 2017 |
thieves 1 Like |
Re: We Have Invested $8.5b In Nigeria - World Bank by davidodiba(m): 12:56pm On Oct 17, 2017 |
In the North. Please, do not disturb the rest of us. 34 Likes 5 Shares |
Re: We Have Invested $8.5b In Nigeria - World Bank by Daviestunech(m): 12:57pm On Oct 17, 2017 |
Inside those policthiefians belle abi 2 Likes |
Re: We Have Invested $8.5b In Nigeria - World Bank by omowolewa: 12:57pm On Oct 17, 2017 |
Where |
Re: We Have Invested $8.5b In Nigeria - World Bank by tintall(m): 12:57pm On Oct 17, 2017 |
Ok. The APC led government should pay back with the $25bn NNPC fund and collect change.. :/ 3 Likes 1 Share |
Re: We Have Invested $8.5b In Nigeria - World Bank by Nobody: 12:57pm On Oct 17, 2017 |
8 Likes
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Re: We Have Invested $8.5b In Nigeria - World Bank by shevchenko(m): 12:57pm On Oct 17, 2017 |
Omg 8.5 |
Re: We Have Invested $8.5b In Nigeria - World Bank by mikejj(m): 12:57pm On Oct 17, 2017 |
wich Nigeria.oya nairalanders les match to central banki o me I didn't c any owo o |
Re: We Have Invested $8.5b In Nigeria - World Bank by MrImole: 12:57pm On Oct 17, 2017 |
I can't find anything in my account, Maybe na Niger Republic 10 Likes 1 Share |
Re: We Have Invested $8.5b In Nigeria - World Bank by Nobody: 12:58pm On Oct 17, 2017 |
obembet:supported by the northern president 16 Likes 1 Share |
Re: We Have Invested $8.5b In Nigeria - World Bank by omowolewa: 12:58pm On Oct 17, 2017 |
Which Nigeria because $85b is enough to bring exchange rate down by reasonable gap. It's.enough to make millionaires and grow businesses if not infrastructure. Maybe over 15 years period sha 1 Like |
Re: We Have Invested $8.5b In Nigeria - World Bank by hush15: 12:58pm On Oct 17, 2017 |
4th to comment... gradually getting to the promise land. Neway, World Bank, we are yet to reap any dividends from your investment o. We don't know what Bubu and his northern companions are doing but I don't think money is getting to where it ought to do you need to supervise more closely... Una hear |
Re: We Have Invested $8.5b In Nigeria - World Bank by cremedelacreme: 12:58pm On Oct 17, 2017 |
The correct caption should be ''We have invested $8.5B in Northern Nigeria''. After all Buhari asked World Bank to focus all their development in Northern Nigeria. 3 Likes |
Re: We Have Invested $8.5b In Nigeria - World Bank by sKy007: 12:59pm On Oct 17, 2017 |
We’ve Invested $8.5b In Northern Nigeria, Says World Bank Fixed 4 Likes 1 Share |
Re: We Have Invested $8.5b In Nigeria - World Bank by shevchenko(m): 12:59pm On Oct 17, 2017 |
For thoss of u who dont know.This is 25 million dollara |
Re: We Have Invested $8.5b In Nigeria - World Bank by sammyj: 1:00pm On Oct 17, 2017 |
So what did Baba do with this investment? Hope the money has not gone down the drain !!!! |
Re: We Have Invested $8.5b In Nigeria - World Bank by proudlyYoruba(m): 1:00pm On Oct 17, 2017 |
R |
Re: We Have Invested $8.5b In Nigeria - World Bank by Denko2721987(m): 1:01pm On Oct 17, 2017 |
all these so called expenditures and investments on a nation that cant even put together/sustain basic and stable electricity/power for its people and economy nearly 60 years after independence is to me a waste of time and resources in the wrong direction.. like a long heavy train with many coaches that has a long distance to cover but is been pulled and powered by horses instead of a power engine.. |
Re: We Have Invested $8.5b In Nigeria - World Bank by splendid2: 1:02pm On Oct 17, 2017 |
Give us a break down of the expenses and the beneficiaries, then we will take u serious. They got you to talk after the onyibo no gree talk in there favor |
Re: We Have Invested $8.5b In Nigeria - World Bank by ekems2017(f): 1:02pm On Oct 17, 2017 |
Where world bank. We have mot seen it o. |
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