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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...
Abdullahi Mustapha Haruna -
News

Nigeria, joined by...

Nigeria, joined by Algeria, limp into World Cup play-off  The Super Eagles soared into the Playoff Round of the 2022 FIFA World Cup after they...
Neptune Prime -
Business & Economy

Insecurity: World Bank...

Insecurity: World Bank gives prospects on economic development of Northeast The World Bank has said the activities of Boko Haram insurgents have caused...
Gift Luckson -
Poet's corner

World now stuck,...

World now stuck, a poem by Professor Ikechukwu Benjamin Ezeohagwu I World now, in rubble, with so much, noise. II World now, in tremble, without such, poise. III World now, in rumble, with so much, trouble. IV World now, in fumble, with so...
Maryam Umar -
Health

World Polio Day:...

World Polio Day: Nigeria certified polio-free by WHO  Nigeria has been certified a polio-free country by the World Health Organisation (WHO) in 2020. WHO named...
Gift Luckson -
Opinion

Contributions of Ben...

Professor Ben Ezeohagwu is a renowned Nigerian Graphologist, who has made and he’s still making impactful contributions in the world of Graphology. Professor Ikechukwu Benjamin...
Maryam Umar -
Facts

The smallest country...

The world’s smallest country comprises 33 people and is situated at 6.3 acres. All know that India and China are counted in most of...
Salim Sani -
Opinion

History of graphology...

Over 300 years before the Christian era, the Greek Philosopher Aristotle observed that “written words are the symbols of spoken words” and that “all...
Maryam Umar -
Facts

Some major political...

Leaders will always face oppositions either because of their views or acts. It is never easy being a leader, especially when you are under...
Salim Sani -
Arts, Culture & Tourism

Weird traditions around...

In a world with various countries, religions, tribes and customs, it is impossible for everyone to like everything. While we have come a long...
Salim Sani -
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