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Climate change directly affects our communities, health, and livelihoods. Yet, media coverage often prioritises politics and business over climate-related stories, leaving crucial environmental news under-reported.
Climate Watch seeks to bridge this information gap, ensuring that important climate change stories and mitigation efforts stay on your radar.The World Bank says it has disbursed N5 billion to 140 communities across the 17 LGAs of Plateau state to tackle climate change. Ndiame Diop, country director of World Bank in Nigeria, spoke on January 16 during the disbursement of the funds in Jos.
Odey Oyama, an environmental and climate activist, has been arrested for reportedly protesting the exploitation of Olulumo Effi rainforest in Cross River state. Oyama and six others were apprehended on January 14 in the Okuni area of Ikom LGA. The arrests reportedly followed their “peaceful resistance” to deforestation activities by Chinese and local collaborators in the forest.
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Poverty alleviation: Not in the IMF and World Bank DNA, By Ahmed Aminu-Ramatu YusufIMF and WB are programmed to promote harmful indebtedness of UDCs, not to alleviate poverty. Their loans are extremely harmful and enslaving.
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Inefficient Public Spending Costs Nigeria Billions, World Bank Report WarnsA new World Bank report highlights the significant losses developing nations, including Nigeria, face due to inefficiencies in public spending. The report urges governments to prioritize transparent procurement and project monitoring to maximize the benefits of public investments.
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World Bank Disburses $1.5 Billion Loan to Nigeria for Subsidy Removal and Tax ReformsThe World Bank has provided Nigeria with a $1.5 billion loan to support its implementation of fuel subsidy removal and tax reforms. The loan, disbursed in two tranches, aims to bolster the country's economic stability and transformation.
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Shettima Launches World Bank-Funded Project in Nasarawa StateVice President Kashim Shettima inaugurated the State Action on Business Enabling Reforms (SABRE) project in Nasarawa State, aiming to improve the business environment and support economic growth. The project includes key initiatives like a one-stop investment center and a multi-door court.
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World Bank and AfDB Launch '$40 Billion Power' Initiative for AfricaThe World Bank and African Development Bank (AfDB) have unveiled the 'Mission 300' program to deliver $40 billion in power financing to African nations. The program aims to connect half of Africa's population to grid-linked power projects and the other half through off-grid technologies like solar mini-grids.
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Nigeria's Economic Outlook Brightens: World Bank Projects 3.6% GrowthThe World Bank forecasts robust economic growth for Nigeria between 2025 and 2026, driven by recent government reforms and a strong performance in the services sector. However, the Bank urges continued efforts to diversify the economy and enhance per capita income growth.
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