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FG cancels $717.7m World Bank...

The Federal Government has cancelled $717.7 million...

From the Sahel to the...

From the Sahel to the World: Are...

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...

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...

From the Sahel...

From the Sahel to the World: Are the eyes of global science now on Yobe?, by Abubakar M. Kareto It’s one thing to hear about...

World Interfaith Harmony...

World Interfaith Harmony Week: Shared human origin, Muslims-Christian relation and pathways for sustainable coexistence, By Yusuf Alhaji Lawan It was late in the evening, on...

Boubou Gown: Flowing...

Boubou Gown: Flowing elegance from Africa to the world, by Farida Abba The boubou is the classic Senegalese robe, worn by both men and women...

Angkor Wat: Where...

Angkor Wat: Where ancient monuments tell the story of Cambodia’s past, by Falmata Ma’aji Muhammad Story by Falmata Ma’aji MUHAMMAD (Student at Helwan University, Cairo,...

World Leprosy Day...

World Leprosy Day 2026: LTR urges Nigeria to tackle stigma, boost funding, restore dignity The Leprosy and Tuberculosis Relief Initiative Nigeria (LTR) has called for...

World Customs Day:...

World Customs Day: CGC Adeniyi reaffirms NCS commitment, launches time release study The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has reaffirmed...

Uruk, Iraq: The...

Uruk, Iraq: The world’s first true city of human civilisation, by Gift Luckson Uruk, located in modern-day Warka, Iraq, is widely considered the world’s first...

Shettima arrives in...

Shettima arrives in Switzerland for 56th World Economic Forum Vice President Kashim Shettima has arrived in Switzerland to represent Nigeria at the 56th edition of...
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