
Development Diaries
February 26, 2025 at 08:21 AM
Another round of World Bank loans, another cycle of debt for future generations to inherit.
The Federal Government is set to secure six new loans totalling $2.23 billion from the World Bank in 2025 as the international financial institution continues to support the country’s economic and structural reforms.
At this rate, should we start including loan repayment plans in our children’s school curriculum? If these billions are truly for critical sectors, Nigerians must demand full transparency.
Where exactly is the money going, and how will it genuinely improve lives? Without clear accountability, these loans might just end up financing luxury SUVs and endless ‘capacity-building workshops’ instead of roads, hospitals, and schools.
Read more headlining stories here; https://developmentdiaries.com/nigerian-newspapers-key-advocacy-calls-wednesday-26th-february-2025/
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