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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

Nigerian teenager sets...

Nigerian teenager sets new Guinness World Record for most skips on one foot A Nigerian pupil, Philip Solomon, hailing from Oyemekun Grammar School in Akure,...
Maryam Umar -
Columns

The 10th NASS...

The 10th NASS leadership and the burden of morality, endorsements, by Hassan Gimba The Arbiter In the system of governance we practise, there are three arms...
Gift Luckson -
News

16-year-old Nigerian mechanic...

16-year-old Nigerian mechanic apprentice shatters 5 Guinness World Records After Hilda Baci's impressive 100-hour cooking marathon, the spotlight shifted to a remarkable Nigerian teenager named...
Maryam Umar -
Nation

World Press Freedom...

World Press Freedom Day: PMB reaffirms commitment to upholding press freedom in Nigeria President Muhammadu Buhari has expressed his joy on the occasion of World...
Maryam Umar -
Opinion

“World Autism Acceptance...

"World Autism Acceptance Week 2023" (27 March – 2 April), by Tony Ogunlowo The theme for the World Autism Week 2023 is colour: the powers...
Maryam Umar -
Columns

The blackman in...

The blackman in a world built on injustice, by Osmund Agbo The American civil right icon and champion of social justice, the late Reverend Martin...
Maryam Umar -
Opinion

Please, let’s evolve...

Please, let's evolve with the world, by Yahaya Abdulrahman We have to come to the realisation that the world is evolving and that we have...
Gift Luckson -
Columns

Qatar 2022 World...

Qatar 2022 World Cup: Other winners and losers, by Prof MK Othman Deep Thoughts with Othman The 2022 World Cup tournament tagged “Qatar 2022” came and...
Maryam Umar -
Business & Economy

2023 will be...

2023 will be tougher than 2022 - IMF The International Monetary Fund (IMF) has said that one-third of the world’s economies will slide into recession...
Maryam Umar -
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