Nigeria News

Osinbajo, Adeosun Meets With World Bank Officials

Published

9 May 2018

5:48 PM

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World Bank Officials Meet With Osinbajo, Adeosun, Others

The world bank mission officials will be meeting with the Vice President Yemi Osinbajo, Minister of Finance, Kemi Adeosun and some governors in Abuja, the nation’s capital today .

Naija News understands that the delegates which comprise of 10 Executive Directors will hold discussions with the Nigerian Government on the Bank’s project in the country.

In the World Bank Mission are the Bank’s Executive Directors for Switzerland, France, Italy, Nordic, Peru, Germany, South Africa (representing Angola, Nigeria and South Africa), Burkina Faso (representing Francophone Sub-Saharan Africa), Zimbabwe (representing Anglophone Sub-Saharan Africa), United Kingdom and Indonesia.

A statement by the spokesman to the Minister of Finance, Olayinka Akintunde, says, the delegation will discuss ongoing World Bank projects and the country’s development priorities with the Vice President, Minister of Finance and the Governors.

Mr Akintunde also said the team included the bank’s Executive Directors for Switzerland, France, Italy, Nordic, Peru, Germany, South Africa (representing Angola, Nigeria and South Africa).
Other members of the team include the directors for Burkina Faso (representing Francophone Sub-Saharan Africa), Zimbabwe (representing Anglophone Sub-Saharan Africa), United Kingdom and Indonesia.

“The delegation will discuss ongoing World Bank projects and the country’s development priorities with the Vice President, Minister of Finance and the Governors,” Mr Akintunde said.
“The officials will also meet the organised private sector in Lagos as well as undertake a tour of LAPO Microfinance project in Lagos and Azura Power Plant in Edo State.”

In addition, he said the exercise would enhance the goal of the bank for member-countries and the effectiveness of the executive directors in providing the necessary support.

The visit is expected to provide a first-hand impression of the challenges that both the Federal and State Governments face in implementing development projects as well as ensuring good governance overall.

It will further enhance the goal of the Bank for member-countries and the effectiveness of the Executive Directors in providing the necessary support.