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Category: Development

FG cancels $717.7m World Bank...

The Federal Government has cancelled $717.7 million...

Buni, NEDC flag off reconstruction...

Buni, NEDC flag off reconstruction of critical...

FG cancels $717.7m World Bank Power Sector loan amid reform setbacks

The Federal Government has cancelled $717.7 million in undisbursed World Bank intervention funds meant to support reforms in Nigeria’s troubled electricity sector. The decision followed a formal request by the Federal Government and a joint agreement with the World Bank to discontinue financing under the Power Sector Recovery Performance-Based Operation after key reform targets failed to materialise amid changing realities in the sector. Documents obtained from the World Bank showed that the cancellation affects the remaining balance of a broader $1.52 billion power sector recovery programme. “The restructuring will result in the...
Abdullahi Mustapha Haruna -
Development

FG cancels $717.7m...

The Federal Government has cancelled $717.7 million in undisbursed World Bank intervention funds meant to support reforms in Nigeria’s troubled electricity sector. The decision followed...
Abdullahi Mustapha Haruna -
Development

Buni, NEDC flag...

Buni, NEDC flag off reconstruction of critical Damaturu–Gujba–Magza highway Story by Sa'adatu MAINA, Damaturu Yobe State Governor, Mai Mala Buni, has flagged off the reconstruction of...
Gift Luckson -
Development

Gov. Buni inaugurates...

Gov. Buni inaugurates Ngalda Modern Market, names facility after Gombe State Governor Story by Sa'adatu MAINA, Damaturu Yobe State Governor, Mai Mala Buni, inaugurated the newly...
Mercy Adaje -
Development

Buni, Zulum, Fintiri...

Buni, Zulum, Fintiri meet World Bank on development projects Yobe State Governor, Hon. (Dr) Mai Mala Buni, alongside his Borno and Adamawa State counterparts, Prof....
Maryam Umar -
Development

Abubakar Cargo constructs...

Abubakar Cargo constructs 3km drainage in Potiskum (Pictures) Story from Ibraheem El-Tafseer Alhaji Abubakar Adamu Waziri, popularly known as Cargo, has constructed a 3-kilometer-long drainage system...
Salim Sani -
Development

FG, NLNG to...

FG, NLNG to complete 27.1km Bonny road in Rivers The Niger Delta Development Commission, is partnering with the Nigeria Liquefied Natural Gas Limited to ensure...
Maryam Umar -
Development

Zone ‘B’ Women...

Zone 'B' Women Connect Movement hails KMT's outstanding efforts in empowering women (Pictures) Story from Ibraheem El-Tafseer The Zone 'B' Women Connect Movement has commended Kashim...
Salim Sani -
Development

KMT commissions community...

KMT commissions community bridge in Rugar Fulani, Potiskum (Pictures) ‎ ‎Story from Kasim Isa Muhammad ‎ ‎On Friday morning, hundreds of residents from Rugar Fulani, a community in...
Salim Sani -
Development

Prof S.B Gimba...

Prof S.B Gimba tasks engineers on societal transformation through inclusive innovation (Pictures) Story by Muhammad KUKURI Professor Abdullahi S.B. Gimba, a renowned scholar in Petroleum and...
Maryam Umar -
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