FG to Secure $750m World Bank Loan for States

14 Nov FG to Secure $750m World Bank Loan for States

The federal government is sourcing  a $750 million World Bank loan on behalf of the states of the federation, to help stimulate the local economy and support consumption by vulnerable households.

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed made the disclosure in Abuja, yesterday while inaugurating the Federal Steering Committee and Federal Technical Committee of the Nigeria COVID-19 Action Recovery for Economic Stimulus (N-CARES).