World Bank on glass building. Mirrored sky and city modern facade. Global capital, business, finance, economy, banking and money concept 3D rendering animation.
The Federal Government says it has secured an $800 million fund from the World Bank to attend to a segment of post-petroleum subsidy palliatives requirement.
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed this while responding to questions from State House Correspondents after this week’s Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja.
She disclosed that the $800 million is the first tranche of palliatives for disbursement through cash transfers to about 50 million Nigerians, who belong to the most vulnerable category of society.
In a brief interview with our senior Correspondent Esther Nwachukwu here is what Barrister Fred Nzeako had to say.
A Federal High Court has revoked the bail earlier granted to former Attorney-General of the…
Forensic specialists have recovered 105 bodies from mass graves in Yelwata, marking a significant development…
The Supreme Council for Sharia in Nigeria (SCSN) has firmly dismissed reported calls by some…
Ahmadu Umaru Fintiri, the Governor of Adamawa State, has officially left the Peoples Democratic Party…
Tragedy struck in Ogun State after a worker attached to the state’s planning authority was…
President Bola Tinubu hosted a select group of senators for an Iftar dinner at the…