“At the World Bank, we think the good
government of Nigeria is taking the right step in
dealing with governance issues.

“Our role is to support the government of
Nigeria in its efforts at improving transparency
and accountability or in the development
programmes that we do. It starts with
accountability and transparency,” he said,
adding that conversation on areas to revamp in
the country is ongoing with various ministries.

Mr Rachid noted that it would be aspiring to lend
huge support in other sectors like agriculture,
security, solid minerals as well as science and
technology to assist in repositioning Nigeria as a
global economic hub of Africa.

“We have heard from a number of cabinet
ministers about the importance of diversifying
the revenues away from the oil sector and we
have been working with both the Ministry of
Agriculture and (that of) Solid Minerals in this
particular area.

“We have also looked into further support in the
power sector. As you know, the power sector is a
binding constraint to growth. Science and
Technology plays an important role in all of our
support because it looks at the aspect of
efficiency and innovations.”

The Minister of Science and Technology, Dr
Ogbonnaya Onu, commended the move, urging
civil servants to work judiciously with the
nation’s available resources.



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