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Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs - Politics - Nairaland

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Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Racoon(m): 3:24pm On Mar 18
The Nigerian Federal Government is in talks with the World Bank to complete the processes of obtaining over $1 billion loans to address the challenges facing Internally Displaced Persons and their host communities, as well as bolster rural access and agricultural marketing in the country.

The request is contained in a recent World Bank document titled, ‘Solutions for the Internally Displaced and Host Communities Project’ and ‘Rural Access and Agricultural Marketing Project – Scale Up.’ Accordingly, while the IDPs’ loan is put at $500m, the rural access and agricultural marketing project loan is estimated at $550m.

The fund is expected to provide help to communities in Nigeria badly affected by insecurity. “The proposed project will utilise a three-pronged approach to develop sustainable solutions for IDPs and host communities in Northern Nigeria.

“First, the proposed project aims to provide tailored solutions for each of the targeted states and communities, recognizing that each internal displacement situation is specific and localised, with conflict, violence and/or climate challenges presenting a different level and set of vulnerabilities for host communities.

“Gender, age, and special needs of individuals also play a role, as well as the length of displacement, number of times displaced and other factors.

“Thus, responses will be adapted to address the specific needs of vulnerable populations within displacement-affected states and communities. Second, the proposed project will follow a ‘People-in-Place’ approach, integrating the needs of the people and the impacts on the place where they settle,” the document stated.

According to a review by a World Bank team, Northern Nigeria, especially Borno, Adamawa and Yobe, has experienced the highest numbers of internally displaced persons.


This is primarily due to the ongoing conflict involving Boko Haram, as well as other factors such as banditry and conflicts between farmers and herders, leading to the displacement of over 3.5 million people.

Since 2009, Boko Haram has continued to carry out heinous crimes on Nigerians. Banditry has been described as a variant of Boko Haram. Recently, bandits attacked Kaduna Community abducting over 200 schoolchildren and members of staff.

https://dailypost.ng/2024/03/18/nigerian-govt-eyes-fresh-1bn-world-bank-loan-for-idps/

1 Like

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by successmatters(m): 3:25pm On Mar 18
Are they not borrowing the money to use it to do Anje Eko ? grin

Deceiving zone bees is very easy.

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Racoon(m): 3:28pm On Mar 18
Liars! Criminals! They bought SUVs, luxurious yacht, spending recklessly on the over bougous presidential fleet, padded the budget, talked about monies recovered from subsidy removal etc but still lying of borrowing to take care of IDPs?

45 Likes 6 Shares

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Racoon(m): 3:29pm On Mar 18
Since 2009, Boko Haram has continued to carry out heinous crimes on Nigerians. Banditry has been described as a variant of Boko Haram
Same bastards causing the painful challenges for the IDPs? Same terrorists top members of the APC said a fight against them is fight against the north while rationalising all their atrocities against the Nigerian state?

Same bandits cum terrorists the government is rehabilitating as repentant and deradicalised elements? Nigeria is a criminal enterprise.

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Zulu11zulu: 3:30pm On Mar 18

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Nbote(m): 3:30pm On Mar 18
Borrow 1billion in behalf of IDPs. Abeg help me make it make sense

19 Likes 1 Share

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by 22o62021: 3:33pm On Mar 18
Nigeria matter no de interest me anymore

6 Likes 1 Share

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Arobaga: 3:39pm On Mar 18
Especially Benue indigenes






Now I see why Omenka supports APC so they can borrow money and help their lives

14 Likes 1 Share

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Foreverly02: 3:40pm On Mar 18
22o62021:
Nigeria matter no de interest me anymore
Seriously

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by ValCon888: 3:54pm On Mar 18
IDP will not even see up to $100k of that $1billion loan. This government continues to come up with different ways to throw Nigerians into the bottomless pit of poverty.

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by chicfarmer: 4:03pm On Mar 18
Which idp's? Na polithiefcians and corrupt government officials be the idp's.
WB no listen to dem o! embarassed
Idp kor, environmental ni cry

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by INTEGRITYA1(m): 8:19am On Mar 19
Okay
Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by richard870(m): 8:20am On Mar 19
Smh
Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Funkyswagzz(m): 8:20am On Mar 19
When you think you've heard it all. Sheh na tinubu go solve nigeria problem😂😂

7 Likes

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by dfrost: 8:20am On Mar 19


IDPs? How? Where? When? Who constitutes an IDP?

Are we moving retrogressively or what? Because I'm not understanding this madness.

4 Likes 1 Share

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by SoNature(m): 8:20am On Mar 19
Another opportunity for APC members to embark on a widespread looting spree grin

I hope those on Nairaland get enough compensation....not just #30k per month... considering how this government has damaged the economy

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by U09ce: 8:20am On Mar 19
Another avenue to steal. The wicked World Bank will be glad to give so that they go keep holding us for neck

3 Likes

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Ebukamatth(m): 8:20am On Mar 19
.
Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by enemyofprogress: 8:21am On Mar 19
Nigeria is a goal

1 Like

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by sofeo(m): 8:21am On Mar 19
There we go again.

Clueless Mofos

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by bigdammyj: 8:21am On Mar 19
Noted.

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Mrchippychappy(m): 8:21am On Mar 19
Una wey vote dis cancer, una go soon dey go Somalia embassy go apply for visa to Mogadishu.

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by robinso01(m): 8:21am On Mar 19
When we never pay the ones wey dey our neck.

Loan that will be looted again

1 Like 1 Share

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by enemyofprogress: 8:22am On Mar 19
22o62021:
Nigeria matter no de interest me anymore
me too. Including Nigerian girls.

2 Likes

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by GanagiBitrus: 8:22am On Mar 19
May God blind any eyes eyeing fresh $1bn loan. grin

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Brendaniel: 8:23am On Mar 19
Shame on Tinubu and all his supporters

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Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Risingblue008(m): 8:23am On Mar 19
Are they not tired of borrowing?
And na we wey knw nothing dey suffer the effects

Anytime these apc borrows money,its like attemted murder

1 Like

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Duelee: 8:23am On Mar 19
And weeks later after the loans are secured, the air force would mistakenly bomb the IDP camps. Another federal agency would share kettles, toiletries, 5kg of rice, mosquito nets, sanitary pads, and fine grounded maize.

Ladies and gents, the above mentioned gonna cost a whopping 1 BILLION DOLLARS!

2 Likes

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Yankee101: 8:24am On Mar 19
I hope nobody grants that loans
It will be stolen
Wei stole money for the poor, this will be stolen too
Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by EnterpriseMan: 8:24am On Mar 19
Lmao, the fact that the politicians will borrow billions to enrich themselves and use the country as collateral is amazing. And some clowns who don't even have 1k on hand will be defending them grin

7 Likes

Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Khyrvxjzy: 8:24am On Mar 19
j
Re: Nigerian Govt Eyes Fresh $1bn World Bank Loan For IDPs by Mrchippychappy(m): 8:25am On Mar 19
Arobaga:
Especially Benue indigenes






Now I see why Omenka supports APC so they can borrow money and help their lives

So you never still understand sey that guy no be benue man? He is as much of a benue man as I am a Japanese man

4 Likes

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