The Federal Government has secured a $700m loan from the World Bank for specific water projects in the country, the Minister of Water Resources, Suleiman Adamu, has said.
The minister said these in an interview with journalists on Monday night during the maiden edition of the Rewards and Recognition Awards ceremony organised by the ministry in Abuja. According to him, the duty of the Federal Government in the area of water supply is to provide support to states.
If we are economically conscious ,we could see that the loans are given in western dollars and not our local currencies because without the western dollars backing ,our local currencies cannot function and there would be hyperinflation
World Bank, you are just giving politicians pocket money with all this loans.
Abeh when this people dey collect money ?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
The youngest leaders in the world | The Guardian Nigeria News - Nigeria and World NewsAs Gabriel Boric becomes Chile's youngest-ever president at 35, we look at the world's youngest leaders.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Federal Govt Secures $700m World Bank Loan To Improve Water SupplyThe federal government has disclosed that it has secured a $700 million from the World Bank to improve water supply across the country. This was made Which water supply
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Towards a viable Nigeria Football League | The Guardian Nigeria News - Nigeria and World NewsSports, especially football, continues to offer multiple values in Nigeria, including entertainment, employment, career opportunity, youth development and rallying point for national unity and cohesion.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Nigeria declares Monday, Tuesday public holidays | The Guardian Nigeria News - Nigeria and World NewsThe Nigeria government has declared Monday 27, Tuesday 28 December 2021; and Monday, 3 January 2022 as public holidays to mark Christmas, Boxing Day, and New Year Day celebrations respectively. Nigeria interior minister, Rauf Aregbesola, announced the holidays on behalf of the Federal Government in a statement on Wednesday. He said the Nigerian government felicitates […] Water is wet. Compliment of the Season's to all your members of staff 🇳🇬. Greetings from London, UK. Regards, JACKSON NIGERIAN🇳🇬 THAT LIVES IN UK🇬🇧
Source: GuardianNigeria - 🏆 1. / 94 Read more »
EU set to back Novavax Covid vaccine | The Guardian Nigeria News - Nigeria and World NewsThe EU's drug regulator will decide Monday whether to approve a Covid jab by Novavax, which uses a more conventional technology that the US biotech firm hopes will reduce vaccine hesitancy.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Africa’s e-government efforts are bearing fruit | The Guardian Nigeria News - Nigeria and World NewsBy Sunil Geness, Director: Global Government Affairs & CSR at SAP Africa LAGOS, Nigeria, 20th December 2021 -/African Media Agency(AMA)/- Following the impact of the COVID-19 pandemic on governments and citizens, countries across the African continent are looking at e-government with renewed interest and urgency. In its latest E-Government Survey, the UN notes that governments around the […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »