Close Menu
National Update
    Facebook X (Twitter) Instagram
    Trending
    • Katsina Youths Drive Nigeria’s Agricultural Future as Radda’s Reforms Attract Global Praise
    • Accolade Dynamics Celebrates Glamour and Excellence at Yellow Ball Honors and Awards 2025
    • A Monument Laid to Rest: Leaders Reflect on Chief Edwin Clark’s Enduring Legacy
    • Gunfire on the Water: Akwa Ibom Marine Police Disrupt Pirate Attack, Recover Weapons and Speedboat
    • Defence Minister Endorses Senate Security Summit, Calls for Action-Oriented Outcomes
    • Food Safety Centre Urges National Assembly to Ban GMOs in Nigeria
    • Peter Obi to African Youths: You Future Presidents, but First Deal with Corruption
    • Bamidele Felicitates Afenifere Leader at 99, Hails Him as Defender of Yoruba Interest
    • News
    • Politics
    • Opinion
    • Economy
    • Entertainment
    • Health
    • Security
    Facebook X (Twitter) Instagram
    National UpdateNational Update
    Subscribe
    Monday, May 12
    • News
    • Politics
    • Opinion
    • Economy
    • Entertainment
    • Health
    • Security
    National Update
    Home»Finance

    Nigeria Calls for Targeted World Bank Investments to Drive Real Development Impact

    National UpdateBy National UpdateMay 3, 2025Updated:May 3, 2025 Finance No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Nigeria has called on the World Bank Group to move beyond broad financial pledges and channel its growing lending capacity into targeted investments that can deliver measurable impact in key sectors of the economy.

    Speaking at a thematic session on the World Bank’s role in Financing for Development (FFD) during the 2025 United Nations Meetings in New York, Nigeria’s Minister of State for Finance, Dr. Doris Nkiruka Uzoka-Anite, urged the global lender to focus on high-impact sectors such as agriculture, energy access, and human capital development.

    “The expansion of the World Bank’s financial capacity must be matched with investments that are catalytic and aligned with the specific development needs of countries like Nigeria,” Dr. Uzoka-Anite said.

    She pointed to ongoing programmes like the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) and the Accelerating Nutrition Results in Nigeria (ANRiN) as examples of targeted World Bank support that are already improving livelihoods and reinforcing local resilience.

    The Minister’s remarks align with Nigeria’s Renewed Hope Agenda, which prioritizes strategic development partnerships and measurable progress in sectors critical to national growth. Analysts say the country’s call signals a shift towards a more assertive and results-oriented approach in its engagements with multilateral institutions.

    By pushing for precision investment and highlighting existing success stories, Nigeria is not only reinforcing its development agenda but also challenging the World Bank to make its financial muscle count where it matters most.

    National Update

    Keep Reading

    Edun Unveils Roadmap for 7% GDP Growth at Yola Retreat

    FG Makes Headway in Naira-Based Oil Sales as Edun, Stakeholders Report Progress

    FG, UK-Aid Partner to Boost Agriculture, Rural Livelihoods

    FG Reaffirms Commitment to Enabling Environment for Inclusive Prosperity

    Nigeria Targets 7% Growth as Finance Minister Unveils Reform-Driven Economic Vision

    Nigeria and Sweden Forge Path to a Greener, Smarter Future

    Add A Comment
    Leave A Reply Cancel Reply

    Most Viewed Posts
    • Tinubu names El-Rufai, Tope Fasua, others in New appointments (1,351)
      President Bola Tinubu has named 18 Special Advisers and Senior Special Assistants in New appointments to help execute the Federal Government’s agenda across various sectors of the economy. The Director of Information at the Office of the Vice President, Olusola Abiola gave the indication in a statement released on MondayThe team, which comprises 6 Special
    • Police nabs Killer of Varsity Lecturer in Niger (1,035)
      The Niger state Police Command has apprehended a 14 year old girl, Joy Afekafe 'of Gbeganu community in Minna, the state capital as a prime suspect over the gruesome murder of a Lecturer with the Federal University of Technology (FUT) Minna, Professor Mrs. Funmilola AdefolaluThe late  Prof. Mrs. Funmilola Adefolalu, was murdered at her residence
    • FCT-IRS tells socialite Aisha Achimugu not to forget to file her annual returns (975)
      ***As the Service extends its warmest birthday wishes to her The FCT-Internal Revenue Service has reacted to the news of an Abuja based business Nigerian Lady Aisha Achimugu who recently set Genada aglow with 7-day 50th birthday party reminding her of her tax obligations to FCT-IRS. Achimugu is the founder and managing director of Abuja’s
    • Sule Lamido tackles Tinubu over Democracy Day speech, says its share Hallucination (853)
      Former Jigawa State Governor, Senator Dr. Sule Lamido has faulted the June 12, Democracy Day speech of president Bola Ahmed Tinubu describing it as mere hallucination Lamido on his X handle wrote with the title: “Hallucinating June 12, there was a June 11 before June 12”. Taking on Tinubu, Lamido said, “It is obvious the
    • ICAN bill suffers setback at Senate as stakeholders object to some sections (836)
      ***Warn against use of the ammendment to usurp mandates of other professions Stakeholders in the financial sector on Thursday raised objections to some sections of a bill for an Act to amend the Institute of Chartered Accountants of Nigeria (ICAN), Act No. 15 of 1965 and for other matters connected thereto. At a public hearing

    Latest News

    Katsina Youths Drive Nigeria’s Agricultural Future as Radda’s Reforms Attract Global Praise

    May 12, 2025

    Accolade Dynamics Celebrates Glamour and Excellence at Yellow Ball Honors and Awards 2025

    May 12, 2025

    A Monument Laid to Rest: Leaders Reflect on Chief Edwin Clark’s Enduring Legacy

    May 12, 2025

    Gunfire on the Water: Akwa Ibom Marine Police Disrupt Pirate Attack, Recover Weapons and Speedboat

    May 12, 2025

    Defence Minister Endorses Senate Security Summit, Calls for Action-Oriented Outcomes

    May 12, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    National Update
    Facebook X (Twitter) Instagram
    © 2025 National Update. Designed by Lamark Cre8ives.

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version