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Showing posts with the label World Bank

Benue,Taraba, Anambra, 15 Other States Listed Among States To Benefit From World Bank Funds

Federal Government has listed 18 states that will benefit from the $500 million World Bank assisted project. The National Coordinator of Rural Access and Mobility Project, RAMP, Ularamu Ubandoma, said the states will join the already benefiting ones to share from the 500 million dollars World Bank fund. The project is under the Rural Access and Agricultural Marketing Project RAAMP3. He said this at the unveiling of selected participants in the 18 states under the RAAMP 3 project and Pre-Appraisal Mission Wrap Up Meeting with the development partners in Abuja on Friday. He said, “The whole essence of the project sponsored by the World Bank, French Development Bank and Africa Development Bank is to provide suitable road network for rural farmers to convey their farm produce to the market to avoid losses. “What we are doing here today is a meeting with new RAAMP states. New RAAMP is rural access and agricultural marketing and we have about 18 states that have been selected to partic...

World Bank Reveals President Buhari Asked Them To Shift Focus To Northern Nigeria, And It Has Be Difficult For Them...

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World Bank President, Jim Yong Kim, on Thursday said 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. 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 c...