The World Bank has approved the sum of $500m Federal Government loan request to help Nigeria drive women’s empowerment.
In a statement released, the World bank stated that it gave approval for the loan to scale up financing for Nigeria Women Programme, which was initially approved on June 27, 2018, with $100m financing.
The statement in part reads;
“The World Bank has approved $500m for Nigeria for Women Program Scale Up (NFWP-SU). The scale-up financing will further support the government of Nigeria to invest in improving the livelihoods of women in Nigeria. The NFWP-SU will help to ensure better economic opportunities for women, which is essential for addressing gender inequality; guaranteeing better education, health, and nutrition outcomes for families; and building women’s and communities’ resilience to climate change.”
This will be the second loan being approved by the World bank in the Tinubu administration.
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
Nigeria paaaaaa, the crude oil giant going for 500 million dollars loan? Alico Dangote , a Nigerian is Africa's richest man for close to 10 years running . We are told he's currently worth 13 .5 billion dollars . It means Alico Dangote , an individual is doing well than his country of nearly 300 million people. So you ask yourself whether the natural resources of that country is a blessing or a curse. Hyenas taking care of goats? the end result is obvious. Nigeria paaaa cannot get 500 million of its own but had go for a loan. Bet me , even before this come lands in to the central bank someone is already holding a building plan to build a mansion from this money, someone has gone to a car dealership firm to ask of the price of the latest V8, Lexuus, Lincoln Navigator , (Camry, for his wife/ sidekick). If it's true that there is a judgement day, that day will see interesting revelations