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Sokari Ekine

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Development

Nigeria: World Bank offers $3bn loan

2008-11-14, Issue 406

http://pambazuka.org/en/category/development/51979

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The World Bank has offered Nigeria $3 billion facility to enable the President Umaru Yar’Adua improve education, health, roads, and agriculture with a view to reducing the nation’s poverty rate and living standards of the people. If accepted by the president, the loan would be provided under the International Development Assistance (IDA) and would be in three tranches of $ 1 billion, annually, between 2009 and 2011.

http://www.vanguardngr.com/content/view/21412/43/

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