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World Bank To Spend N785 Billion On Projects In Nigeria

The World Bank says it will spend N785 billion on 27 projects across the country in the next five years. The bank’s country director, Ms … Continue reading World Bank To Spend N785 Billion On Projects In Nigeria


The World Bank says it will spend N785 billion on 27 projects across the country in the next five years.

The bank’s country director, Ms Marie-Francoise Marie-Nelly, said 60 per cent of the total amount would be spent on sustainable development projects, including infrastructure, construction and rehabilitation, energy, water and agriculture.

According to her, human capital development, which is the second area of intervention, would take about 40 per cent of the amount.

She gave the assurance that the bank would continue to help in strengthening government institutions and private sector development.