The Nation Newspaper Nigeria will receive large part of $2.2bn World Bank loan soon, says Wale Edun
board of directors will examine a $2.25 billion loan for Nigeria in two weeks, according to Wale Edun, minister of finance and coordinating minister of the economy.
Speaking during Channels Television’s ‘Sunday Politics’ programme on June 3, Edun said the country would receive part of the funding soon. He said: “In two weeks’ time, the board of the World Bank will consider a $2.25 billion package for Nigeria of, like I say, virtually free money or almost grant funding.”“Essentially, it is in recognition of what has been done to stabilise the Nigerian economy and get it back on the path to growth and the funding will come virtually immediately.
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