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Nairaland Forum / Nairaland / General / Politics / Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' (836 Views)
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Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by dayo23(f): 9:38pm On Jul 21, 2015 |
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 |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by PunterTim(m): 9:39pm On Jul 21, 2015 |
. |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by Mancity26(m): 9:40pm On Jul 21, 2015 |
k |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by Demmocrats(m): 9:41pm On Jul 21, 2015 |
Its good but anything loan come at a price. www. |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by IGBOSON1: 9:54pm On Jul 21, 2015 |
If i talk the thing wey dey my mind now dem go say i don start be dat! |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by UrennaNkoli(f): 9:57pm On Jul 21, 2015 |
Good development. |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by dayo23(f): 10:00pm On Jul 21, 2015 |
IGBOSON1:talk abeg |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by T4taiwo(m): 10:01pm On Jul 21, 2015 |
Good |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by Lordave: 10:01pm On Jul 21, 2015 |
This is a loan that the whole of Nigeria will surely pay back. This is what Buhari went to America to do, to ask Obama help solicit for a hefty loan from world Bank to use repair the region of his kinsmen. The region they collectively destroyed with their own hands while in desperate need of power. When Buhari is through with his tenure and rebuilding his region to Dubai standard, Nigeria will be debt ridden, cash strapped and even Burkina Faso will come to our aid. 6 Likes 1 Share |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by tunex23: 2:24am On Jul 22, 2015 |
dayo23:a big news! |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by Kennycool1: 2:32am On Jul 22, 2015 |
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 1 Like |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by tunex23: 3:47am On Jul 22, 2015 |
Kennycool1:it still a welcome development |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by Nobody: 4:18am On Jul 22, 2015 |
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 |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by Nobody: 4:22am On Jul 22, 2015 |
Who built South East after the civil war? Who built Niger Delta after the militants show? Why is the injustice in Nigeria growing ? 1 Like |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by Nobody: 5:52am On Jul 22, 2015 |
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 |
Re: Nigeria Boko Haram Areas To Get $2bn In World Bank Aid' by stanech: 6:22am On Jul 22, 2015 |
calebo101: GBAM 1 Like |
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