COVID-19: World Bank warned over $114m grant to Nigeria
Malpass was also asked to put pressure on governors to accept voluntary scrutiny by Nigerians and civil society regarding the spending of the funds.
The fund includes $100million credit from the International Development Association and $14.28million grant from the Pandemic Emergency Financing Facility. The body said the bank’s power to provide credits and grants is coupled with a fiduciary responsibility to ensure that governments’ spending meets international standards of transparency and accountability, including those entrenched in the UN Convention against Corruption.How I prophesied explosion in Lebanon, RevolutionNow protest - Primate Ayodele
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
World Bank Approves $114.28m for Nigeria to Boost States' COVID-19 Response - THISDAYLIVEBy James Emejo The World Bank Board of Directors Friday approved a $114.28 million financing to help the country prevent, detect and respond to the threat posed by the COVID-19 pandemic with a specific focus on state level responses. The intervention includes $100 million credit from the International Development Association (IDA) and $14.28 million grant …
Read more »
World Bank approves $114.3m grant for Nigeria to boost COVID-19 responseThe grant includes $100 million credit from the International Development Association (IDA) and $14.28 million from the Pandemic Emergency....
Read more »
COVID-19: World Bank approves $114.28m for Nigeria|p style=
Read more »
COVID-19: Kwara receives N100m grant from World BankThe grant was sourced through the Nigeria Centre for Disease Control (NCDC).
Read more »
COVID-19: SERAP asks World Bank to ‘tread carefully in disbursing $114.28m credit for Nigeria’Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to the World Bank President Mr David Malpass, urging him to use his “good offices to encourage the Federal Government and 36 state governments to publicly commit to transparency and accountability in the spending of the $114.28m credit and grant for COVID-19, which the Bank’s Board of Directors recently approved for Nigeria, including by publishing details on a dedicated website.”
Read more »
World Economy Heading Towards Recession Post COVID-19, Says ExpertAgbolade Omowole, the Chief Executive Officer of Mascot IT, an ICT firm has said that the global economy may be heading towards a recession post COVID-19. Agbolade who made this known during a two days virtual meeting held by Mascot IT with the aim to help Nigerians navigate through the storm that lies ahead courtesy
Read more »