World Bank Archives - Green Horizon News

Over 11.5m Nigerians benefit from RAAMP improved access, rural reach expands

May 5, 2026

More than 11.5 million rural Nigerians have benefited from RAAMP improved access, according to the Minister of State for Agriculture and Food Security, Aliyu Abdullahi. He said the gains reflect expanded rural connectivity under the Rural Access and Agricultural Marketing Project. The minister made the disclosure during a national implementation support mission on RAAMP in...

Manufacturers Fault World Bank Plan to Reinstate Petrol Import Licences

April 20, 2026

Petrol import licences have come under renewed debate after manufacturers rejected a World Bank proposal suggesting their reinstatement in Nigeria. The Manufacturers Association of Nigeria said the move would weaken local refining capacity. It warned that it could reverse progress made in domestic fuel production. The reaction follows ongoing discussions on energy policy and inflation...

FAAC Deductions of 41% Revenue Raise Concerns Over Fiscal Space

April 15, 2026

FAAC deductions of 41% revenue have significantly reduced funds available to Nigeria’s federal, state, and local governments, with ₦34.53tn deducted from a total ₦83.97tn generated between 2023 and 2025. Data drawn from the World Bank’s Nigeria Development Update highlights the scale of the deductions. The figures show that a large share of national revenue is...

World Bank approves $500m credit for Nigeria’s smallholder farmers

April 3, 2026

Federal Ministry of Finance announced on Friday that the World Bank approves $500m credit for Nigeria to expand support for smallholder farmers and strengthen agricultural value chains. The financing is aimed at addressing critical gaps in productivity, market access and rural financial inclusion. The approval comes from the International Development Association (IDA), the concessional lending...

Nigeria’s Factory Jobs Grow Despite Weak Output Per Worker

February 9, 2026

Data from international agencies show that employment in Nigeria’s manufacturing sector has increased over the past two decades, but productivity measured by value added per worker has declined, according to a Vanguard report. The report published on February 9, 2026, draws on data from the United Nations Industrial Development Organization, the World Bank, and the...

Tinubu Assures World Bank of Continued Commitment to Economic Reforms

February 3, 2026

President Bola Ahmed Tinubu has assured a delegation from the World Bank that Nigeria will maintain its economic reform programme and will not reverse course on policies aimed at stabilising and growing the economy, officials said. The assurance was given during discussions at the Aso Rock Villa in Abuja with the Managing Director of Operations...

States Hosting IDPs Eye $12m World Bank Loan Under New Displacement Project

January 21, 2026

Several Nigerian states hosting internally displaced persons (IDPs) are positioned to receive up to $12 million from a World Bank‑supported loan if they fulfil a series of data, governance and integration benchmarks, under a federal programme designed to support IDPs and host communities, a development document shows. The funding stems from the Solutions for the...

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

June 2, 2026

Teachers in Enugu State on Tuesday joined a nationwide solidarity rally organised by the Nigeria Union of Teachers (NUT), marching to the Government House in Enugu to demand the immediate release of abducted Oyo pupils and their teachers. The demonstration followed a directive from the national leadership of the union after the abduction of dozens...

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

June 2, 2026

The Oyo lawmakers defection trend gained momentum on Tuesday as six members of the House of Representatives from Oyo State formally left the Peoples Democratic Party (PDP) for the Allied Peoples Movement (APM). The lawmakers announced their departure during plenary at the House of Representatives, citing the prolonged internal crisis and leadership disputes within the...

Tinubu Re-Election Project Is My Number One Priority, Oborevwori Declares

June 2, 2026

Delta State Governor, Sheriff Oborevwori, has declared that the Tinubu re-election project is his number one political priority ahead of the 2027 general election. The governor said he would mobilise support across Delta State to ensure President Bola Ahmed Tinubu secures a second term in office. Oborevwori made the remarks during a media engagement where...

What's hot

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

Tinubu Re-Election Project Is My Number One Priority, Oborevwori Declares

Parents Reject Rice, Cash as Pressure Mounts Over Kidnapped Children in Oyo

Latest News

Over 11.5m Nigerians benefit from RAAMP improved access, rural reach expands

Manufacturers Fault World Bank Plan to Reinstate Petrol Import Licences

FAAC Deductions of 41% Revenue Raise Concerns Over Fiscal Space

World Bank approves $500m credit for Nigeria’s smallholder farmers

Nigeria’s Factory Jobs Grow Despite Weak Output Per Worker

Tinubu Assures World Bank of Continued Commitment to Economic Reforms

States Hosting IDPs Eye $12m World Bank Loan Under New Displacement Project

Must Read

Digital Identity Expansion Positions NIN as a Platform for Financial Inclusion

Lagos Creative Ecosystem Ignites Innovation at CcHUB Gathering

New Vice Chancellor Sets Reform Agenda for Alex Ekwueme Federal University

Senate Hearing on Death Penalty Reopens Debate on Justice and Public Safety

Popular Posts

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

Tinubu Re-Election Project Is My Number One Priority, Oborevwori Declares

Get in Touch

Most popular

Education

Governance

Technology

Uncategorized

Links