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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...

WHO: Mosquitoes don’t...

The World Health Organisation has said the novel coronavirus which has infected over 400,000 people and killed over 18,000 in 196 countries cannot be...

Gov Bello: Those...

Against several calls from some Nigerians including the opposition People’s Democratic Party, (PDP) that the Kogi State Governor, Alhaji Yahaya Bello should go for...

Why COVID-19 will...

Men are faring worse than women in the coronavirus pandemic, according to statistics emerging from across the world. This week, White House (COVID-19) Task Force...

Young doctor who...

After the deathly pandemic coronavirus hit different countries of the world, many Nigerians prayed hard that it will not come into the country, but...

Ban travels from,...

The outbreak and spread of the global pandemic, coronavirus, is really turning a lot of things around all over the world, with fears among...

Meet the world...

The beautiful woman in the photo is Natalia Kuznetsova, From Russia and She is called “the strongest woman in the world” and a real...

FG promises N36...

The Federal government on Thursday challenged Nigerian scientists to find a solution to the dreaded Coronavirus currently threatening the world. The Minister of Science and...

Muslim Scientists who...

Friday Sermon In the modern world Islam is seen as many things, but rarely is it viewed as a source of inspiration and enlightenment. Though...

Venus Williams pulls...

Former world number one Venus Williams has withdrawn from the season-opening Brisbane International after suffering an "unexpected setback" in training. The 39-year-old, who won the...
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