The President of the World Bank Group, Jim Yong Kim, said on Thursday that the bank had concentrated on the northern region of Nigeria in line with President Muhammadu Buhari’s request.

Kim and the Managing Director, International Monetary Fund, Christine Lagarde, who spoke at separate press conferences in Washington DC, United States, also advised Buhari to invest in things that would enhance economic growth.

Kim said, “You know, in my very first meeting with President Buhari he said specifically that he would like us to shift our focus to the northern region of Nigeria and we’ve done that.  Now, it has been very difficult. The work there has been very difficult.

“I think Nigeria, of course, has suffered from the dropping oil prices. I think things are just now getting better.  But the conversation we need to have with Nigeria, I think, is in many ways related to the theme that I brought to the table just this past week, which is investment in human capital.  The percentage of the Gross Domestic Product that Nigeria spends on healthcare is less than one percent.”

He added, “Despite that, there is so much turbulence in the northern part of the country, and there is the hit that was taken from the drop in the oil prices.  Nigeria has to think ahead and invest in its people. Investing in the things that will allow Nigeria to be a thriving, rapidly growing economy in the future is what the country has to focus on right now.”

Kim also said, “Focusing on the northern part of Nigeria, we hope that as commodity prices stabilise and oil prices come back up, the economy will grow a bit more. But very, very much important is the need to focus on what the drivers of growth in the future will be.”

According to the World Bank boss, the bank will invest in human capital in other parts of Africa in order to prepare the continent for the next phase of growth.

Lagarde, in her remarks, said Sub-Saharan African countries, including Nigeria, had posted suboptimal growth in recent times.

The growth figures, she said, were far too small considering the huge demographic potential of Nigeria and other countries in the region.
As a result, she said the IMF would be engaging ministers of finance and central bank governors from the region attending the annual World Bank and IMF meetings on how they could boost and stabilise economic growth.

Lagarde said, “The Sub-Saharan Africa is one region of the world where growth is suboptimal. Those countries grow at an average growth of 2.5 per cent. That is too low for the demographic expansion of the region.”

The IMF managing director said emerging and developing economies must invest more in their economies through infrastructural spending, strengthening safety nets, allowing women more access to the labour market and carrying structural reforms.

http://punchng.com/buhari-asked-us-to-focus-on-northern-nigeria-wbank/

This is another confirmation of how sectional buhari is!!!

Why i'm i not surprised.

GavelSlam:
Yes, the part of the country that has been devastated by insurgency for a number of years requires attention.

I think he should have specifically said North East or even Borno state. Don't be an ass wipe by defending the indefensible.

When Buhari next asks for billions and billions of dollar loans, everyone should know where he intends to develop and focus with the money apart from his own pocket and those of his friends

Buhari, buhari, buhari,,, This name sounds familiar, think I've hear the name sunwhere

Is it the governor of Nigeria ?
Or is it the north sef *sigh*

Can't remember now, mai just leave am first, can't think with empty stomach

Busted!!


Lol.. no surprises here though.

One would only wonder why my Afonja brothers are willing to lay their lives for this man

GavelSlam:


Look here kiddo are you expecting Lagarde to truly understand the difference?

But he understands Northern and southern Nigerian? Who's kiddo now?

Btw, it's Kim Yong Kim and not Lagarde.

GavelSlam:


Either way, are you expecting him to distinguish between the two?

For clarity, shouldn't the reporters push by specifying?

And yes you are a kid.

I know you personally and I insist you are a kid.

Did you not attend Pacific?

What are you even on about. You said that the world bank chief cannot distinguish between Borno or North-east from other parts of the country and i asked you, how was he able to do that with the north. Do they teach them aboue northern Nigeria at the world bank?

What has pacific got to do with anything?

A terrible president that was foisted upon us by people with a terrible mindset.

the south doesn't care anymore. at the end the North will still remain the poorest region in the country. thier elites are wicked and yes they will take advantage of the Buhari regime to bless thier accounts with wealth and marry underaged girls. because the south still remain the brain that makes the money. the entire Nigerian market system the consumer market system is dominated with southerners.

GavelSlam:


I insist that reporters could ensure clarity by specifying.

It is a no-brainer that the north east has been devastated by insurgency therefore, without wanting to be mischievous one can understand such a pronouncement.

Pacific is a reference to your person relative to me.

You're really a good dribbler. Keep dribbling yourself. Maradona will be proud.

I have always had this feeling. They tunnel our fund up north to build it further and leave us dry. They know the militants can't blow up the financial pipelines through which they get petrodollars.

next it will be southern Nigeria opportunity,they too will still want to develop the north to pleased the hsusas but at the end north is still backward ,you know why ? because southerner come there do business collect the money and take it to the south.

GavelSlam:


I insist that reporters could ensure clarity by specifying.

It is a no-brainer that the north east has been devastated by insurgency therefore, without wanting to be mischievous one can understand such a pronouncement.

Pacific is a reference to your person relative to me.

The north is different from NE mr parrot. Stop spinning it.

Buhari did not disappoint me at all. It has always been public knowledge that he is the most clannish and nepotistic president ever. A very shallow minded, wicked and vindictive person who is only fit as a cattle herdsman or the imam of Daura mosque.

None is surprised. Typical Buhari trademark. A man that voted against his own country in favor of his Islamic Fulani kinsman from Niger Republic in a Continental election cannot be redeemed.

How a barely literate man who is a product of quota system could fool a country of informed minds is a project topic for future generations.

Anti Buhari propaganda continues unabated.
SOMBites are here!

Buhari....KING OF THE NORTH!

With Buhari in charge, the wounds of division and chaos will further deepen.

GavelSlam:

Oh yes, the north-east is south.

No dumbø. NE is part of North.

GavelSlam:
Yes, the part of the country that has been devastated by insurgency for a number of years requires attention.

i know people like you will defend your useless leader. #defendersofuselessleader

GavelSlam:
Yes, the part of the country that has been devastated by insurgency for a number of years requires attention.

So the whole north was devastated by insurgents...
Deep down your heart
You know the truth my brother
Buhari is the most tribalistic and sectional leader ever to be in aso rock...
The man even said it himself that those regions that gave him 97% will not be treated like those that gave him 5%...I'm not surprised by this at all


I know buhari's antecedents