According to the World Bank, Nigeria and the organization are collaborating to offer digital internet access throughout the nation.
The World Bank Group’s managing director and chief financial officer, Anshula Kant, revealed during a courtesy visit to President Bola Tinubu in Abuja on Wednesday that the international financial organization has a “very large program” with Nigeria and is collaborating closely with the government to complete certain projects.
Kant stated that one of the largest upcoming projects will be in the digital realm, offering nationwide digital internet access.
Our initiatives span the fields of agribusiness, energy, social protection, education, and health. Thus, we are collaborating on this extremely closely.
The World Bank Group advisor Mayank Goyal, Taimur Samad, the World Bank’s national manager for Nigeria, and Wale Edun, Nigeria’s finance minister and coordinating minister of the economy, accompanied Kant on the visit.
The president’s chief of staff, Femi Gbajabiamila, and Minister of Communications and Digital Economy Bosun Tijani were also in attendance.
According to the World Bank executive, Nigeria’s agenda and the organization’s development priorities—which center on infrastructure, human capital development, and youth employment—are highly compatible.
“There are certain important interests that we share with Nigeria that truly mesh beautifully. The World Bank Group is currently working to end poverty on a planet that is habitable. How does that sound? improved employment opportunities and faster growth for youth,” she stated.
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“We must provide an enabling environment that includes improved health care, education, digital services, energy availability, and increased agricultural output in order to do this. Development of human capital is vital.
According to her, a balanced emphasis on investments in human capital and physical infrastructure is necessary for sustainable economic growth.
Kant asserts that the World Bank is dedicated to assisting both sectors in order to help Nigeria attain greater job creation and quicker growth.
The World Bank representative said that the benefits of the ambitious macroeconomic reforms that Tinubu and the Nigerian government initiated are already apparent.
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