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Nairaland Forum / Nairaland / General / Politics / Nigeria Seeks Fresh $1.5 Billion From World Bank To Address Dollar Issues (209 Views)
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Nigeria Seeks Fresh $1.5 Billion From World Bank To Address Dollar Issues by Siberia01(m): 7:06am On Jan 18 |
Nigeria is discussing as much as $1.5 billion of World Bank funding to help ease a severe dollar shortage that has contributed to the naira’s steep decline. “We’re hoping to get $1 billion or $1.5 billion from the World Bank” for budgetary support, Finance Minister Wale Edun said Wednesday in a Bloomberg Television interview with Francine Lacqua. “It is a matter of discussion at the moment, but we think we will get the support because we are continuing with our reforms.” This is coming after Naira plunges to 1342 per dollar In the parallel markets. Source https://www.bloomberg.com/news/articles/2024-01-17/nigeria-in-world-bank-talks-for-up-to-1-5-billion-of-budget-aid?utm_source=website&utm_medium=share&utm_campaign=copy 1 Share
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Re: Nigeria Seeks Fresh $1.5 Billion From World Bank To Address Dollar Issues by BigBlackPreek(m): 7:58am On Jan 18 |
This borrowing is getting out of hand. Nigeria my country |
Re: Nigeria Seeks Fresh $1.5 Billion From World Bank To Address Dollar Issues by DMerciful(m): 8:00am On Jan 18 |
Na statistics we go chop - Amoda 2022 |
Re: Nigeria Seeks Fresh $1.5 Billion From World Bank To Address Dollar Issues by Nbote(m): 8:06am On Jan 18 |
Lol |
Re: Nigeria Seeks Fresh $1.5 Billion From World Bank To Address Dollar Issues by fourboys: 8:09am On Jan 18 |
I will continue where Buhari stopped, I thought he was joking |
Re: Nigeria Seeks Fresh $1.5 Billion From World Bank To Address Dollar Issues by Yankee101: 8:10am On Jan 18 |
This nonsense has to stop No tangible revenue Future oil production is being used to service debt |
Re: Nigeria Seeks Fresh $1.5 Billion From World Bank To Address Dollar Issues by NzogbuNzogbu: 8:20am On Jan 18 |
Master strategist what happened to all the subsidy money you are suffering nigerians from What happened to all the new taxes |
Re: Nigeria Seeks Fresh $1.5 Billion From World Bank To Address Dollar Issues by Ozommadu: 8:25am On Jan 18 |
Seunmsg FreeStuffsNG Obiedun What happened to the zillions of naira tilumbu saved from subsidy Abi dangote refinery no do anything for dollar again |
Re: Nigeria Seeks Fresh $1.5 Billion From World Bank To Address Dollar Issues by magoo10(m): 8:28am On Jan 18 |
As expected from the Fire brigade government. |
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