World Bank donates $12bn food grant to Nigeria, others

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The World Bank has disbursed at least $12bn, almost half of which was to Africa, to help beneficiary counties cope with food shortage.

The report read partly, “The most recent Food Price Monitoring and Analysis Bulletin released by the Food and Agriculture Organisation revealed mixed trends for international cereal prices in January 2023.

“World wheat prices fell in January for a third consecutive month; international coarse grain prices remained mostly unchanged; and international rice prices rose at an accelerated pace in January 2023.” “Overall, FAO’s analysis indicates that high prices have persisted for the past three months despite some evidence of easing from 2022 peaks in certain countries, with rice price hikes mostly responsible for sustained high cereal prices.”

Beyond the fiscal stimulus, the World Bank Group stated it had partnered the G7 Presidency and co-convened the Global Alliance for Food Security, which aimed to catalyse an immediate and concerted response to the unfolding global hunger crisis. The report added that the alliance had developed the publicly accessible Global Food and Nutrition Security Dashboard, which provided timely information for global and local decision-makers to help improve coordination of the policy and financial response to the food crisis.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

 

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Nooooo... please come and share it for us individually, we don't trust these our leaders...WorldBank

Another Cashout for our minister and senators 😂😂 infact 80% of who ever are involved in the transaction 😂

Nigerians did u hear? 🙆💁 Were is this going to? Will this end well

U dey see am..... After Dem go still con dey monetize us

That’s their plan, these guys don’t really care about Africa, they want to put the country x continent in a life long debt, they know Nigerian politicians are thieves & corrupt but they keep sending money

That one is food grant for Buhari and his cabinet

world bank pls Nigeria is different from Nigeria, politician is different from citizens, the grant is automatically for Nigeria politician not citizen.

Abeg make una collect Nigeria own back because I'm that buhari and tinumbu go hijack am

WorldBank mek una just dey play o, dey play. 🙄

We no see am o... NG don thief am

Take home pay for the outgoing politicians in Nigeria!

Another largesse for corrupt politicians and political appointees has come to Nigeria!

These pple keep making same mistakes. 'Don't go through the corn-ers'

If this goes to government head quarters the ordinary Nigeria will not see a Kobo trust me WorldBank .

Is that all you could offer WorldBank ? All the Nigerian people is to get our stolen mandate and restore democracy in Nigeria. Not your useless grant that has ended up in the hands of useless and greedy politicians.

Did we say we re hungry? If u love us help us fight all this our blood sucking political leaders.for a new Nigeria we don't need food we need freedom.

We don’t want it.

World Bank is paying Nigeria for being a 'good boy' and giving them another goon called Tinubu.

World bank ure only feeding our politicians in the high places, the poor will still suffer until dey do away with corruption in Nigeria

That money will never reach the people, na president, Governor and politicians get a, grand for the people since 3yrs naw we never receive 1naira from grant

Be collecting food grants when you can make food for yourself and the world. Useless leaders.

Money wey finance minister don already spend as '5k monthly grant to 1.9million monthly' Comedians

Fake!

I hate this…we don’t want 🤦🏾‍♂️

Food don come, take home for outgoing politician's

Money way don eneter voice mail

The harm so called World Bank and Imf are doing to Africa, especially Nigeria is more than the good, politicians will use it do enrich their family while tasking the less privileges. I pray my people wise someday.

Chai 😂🥲🥲

Una hear am

Because they rigged in the leader you slavers wanted

Haaaaaa Buhari retirement money don land._😂

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