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Tag "World Bank"

World Bank to FG: Impose special tax on sugary drinks, cigarettes to improve primary healthcare

    World Bank to FG: Impose special tax on sugary drinks, cigarettes to improve primary healthcare

The World Bank has reiterated calls on the federal government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages to improve the country’s primary healthcare system. According to NAN, Shubham

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Kogi: World Bank commended us for transparency in audited financial statement

    Kogi: World Bank commended us for transparency in audited financial statement

The Kogi state government says its 2020 audited financial statement has been commended by the World Bank. In a statement on Monday, Kingsley Fanwo, commissioner for information, said the global

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World Bank: Nigeria’s fiscal position is vulnerable to global headwinds

    World Bank: Nigeria’s fiscal position is vulnerable to global headwinds

The World Bank says Nigeria’s fiscal position is fragile and vulnerable to global headwinds. The bank disclosed this in the November edition of its Nigeria Development Update (NDU) titled “Time

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World Bank: Nigerians in diaspora spent $2.9bn to send $34bn in one year

    World Bank: Nigerians in diaspora spent $2.9bn to send $34bn in one year

Sub-Saharan Africa remains the costliest to send remittances as Nigerians in diaspora spent $2.94 billion to send $34.8 billion between 2020 and 2021. The World Bank revealed this in its

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El-Rufai: Cameroon shut down refinery because of cheap fuel from Nigeria

  El-Rufai: Cameroon shut down refinery because of cheap fuel from Nigeria

Nasir el-Rufai, governor of Kaduna, says Cameroon has closed down its refinery due to the cheap fuel they are getting

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Kill subsidy, cut CBN loans, raise ‘sin’ taxes… 7 things World Bank wants Buhari to do in 2022

  Kill subsidy, cut CBN loans, raise ‘sin’ taxes… 7 things World Bank wants Buhari to do in 2022

The World Bank on Tuesday released its November 2021 Nigeria Development Update, which showed — among other things — that

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Zainab Ahmed: FG will replace fuel subsidy with N5,000 transport grant for 40m Nigerians

  Zainab Ahmed: FG will replace fuel subsidy with N5,000 transport grant for 40m Nigerians

Zainab Ahmed, minister of finance, budget and national planning, says Nigeria will remove fuel subsidies by 2022 and replace them

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World Bank: High food prices could push 6m more Nigerians into poverty

  World Bank: High food prices could push 6m more Nigerians into poverty

The World Bank says the increase in food prices could push additional six million Nigerians into poverty — calling on

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PHOTOS: Obaseki inaugurates Edo Tech Park, to produce 15,000 software engineers

  PHOTOS: Obaseki inaugurates Edo Tech Park, to produce 15,000 software engineers

Godwin Obaseki, governor of Edo, has commissioned the Edo Tech Park, a software engineering and leadership training institute. The governor

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Climate Watch: Why COP26 summit is ‘last, best hope’ to meet 1.5C target

  Climate Watch: Why COP26 summit is ‘last, best hope’ to meet 1.5C target

Despite directly impacting our communities, health and livelihood, climate-related reports usually take a back seat to dominant news beats like

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