$800m Loan: W’Bank Clears Air, Says Decision to Draw Down Facility Rests with Incoming Govt
kolaking.substack.com
•Reiterates call for elimination of fuel subsidy •Advises incoming government to be decisive, urgently engage stakeholders on assumption of office Obinna Chima Following the controversy surrounding President Muhammadu Buhari’s recent request for the National Assembly to approve an $800 million World Bank facility, the multilateral institution yesterday clarified that the loan request was not a fresh one, adding that the decision to withdraw the facility would rest with the incoming government.
$800m Loan: W’Bank Clears Air, Says Decision to Draw Down Facility Rests with Incoming Govt
$800m Loan: W’Bank Clears Air, Says Decision…
$800m Loan: W’Bank Clears Air, Says Decision to Draw Down Facility Rests with Incoming Govt
•Reiterates call for elimination of fuel subsidy •Advises incoming government to be decisive, urgently engage stakeholders on assumption of office Obinna Chima Following the controversy surrounding President Muhammadu Buhari’s recent request for the National Assembly to approve an $800 million World Bank facility, the multilateral institution yesterday clarified that the loan request was not a fresh one, adding that the decision to withdraw the facility would rest with the incoming government.