Nigerian states to get $1.5bn from World Bank

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Nigerian states to get $1.5bn from World Bank
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The World Bank is set to approve $1.5 billion dollars to Nigerian states as part of economic stimulus to cushion the impact of coronavirus. Finance Minister, Zainab Ahmed, said this on Thursday, NAN reports. She briefed State House correspondents after the National Economic Council (NEC) meeting anchored from the Presidential Villa, Abuja. Vice President Yemi

The World Bank is set to approve $1.5 billion dollars to Nigerian states as part of economic stimulus to cushion the impact of coronavirus.She briefed State House correspondents after the National Economic Council meeting anchored from the Presidential Villa, Abuja.and the fourth in 2020.

She disclosed that the immediate fiscal relief will also involve policy-based policy budget support for the Federal Government. “The World Bank package has also got a proposal of 1.5billion dollars for the states and this package will be dedicated to the states and it will be a programme for results which the states are already used to implementing.’’

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