Home Back

The funding will be used to boost revenue generation and spur job creation

opera.com 2024/6/24

According to THE NATION, the Nigerian government has secured a crucial $2.25 billion financial support package from the World Bank to revitalize its economy and drive inclusive growth.

"This is a huge win for our country," said the Minister of Finance and Coordinating Minister of the Economy. "The World Bank's support will help us implement our comprehensive economic reforms, create new job opportunities, and steer our country towards sustainable prosperity."

"We're thrilled to announce that we've secured $2.25 billion in financial support from the World Bank," added the minister. "This funding will be used to boost revenue generation, spur job creation, and foster a more resilient economic landscape."

"Nigeria is on the right path to economic transformation," said the World Bank Vice President for Western and Central Africa. "We're committed to supporting the country's efforts to maintain the momentum of these reforms and ensure that the benefits are felt by all Nigerians."

People are also reading