The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. This was contained in a report via a World Bank newsletter released on Friday and titled, “Global Economic Prospects,”. The report disclosed that Russia’s invasion of Ukraine and its effect on …
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The World Bank has disclosed that at least 30,000 people die every year from pollution in Lagos. The Washington-based bank disclosed this in a feature story on its blog, which is titled ‘Making Lagos a Pollution Free City: Solving the threat one solution at a time’. According to the bank, pollution is …
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Industry leaders in the energy sector have called on the Federal Government to allow market forces to determine the price of power rather than the present system of price-fixing by the National Electricity Regulatory Commission (NERC). They were speaking at the 2019 Energy Sustainability Conference which held in Lagos. The …
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Governors of Nigeria’s 36 states are seeking to access about $3.2 billion from the World Bank to curtail the fiscal challenge faced across the states, the governors’ forum has said. The revelation was made on Thursday morning by some of the governors after their meeting at the Banquet Hall of …
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A World Bank Specialist on Welfare Economics, Prof. Foluso Okunmadewa says Nigeria loses 1.5 billion dollars in Gross Domestic Product (GDP) annually to vitamin and mineral deficiencies. Okunmadewa said this at the Stakeholders’ Dialogue on the reviewed Draft National Policy on Food and Nutrition (NPFN) by the Federal Ministry of …
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