Photo Credit: Peoples Gazette
Mr Vakporaye recalled that the President Muhammadu Buhari regime sought the assistance of the World Bank in funding its ‘Post-COVID-19 Economic Sustainability Plan’.
Photo Credit: Gazette
However, will Buhari regime's $750million loan from World Bank help in boosting Nigeria's economy?
I think the $750 Million loan approved by World Bank will assist Nigeria fix some damages the Covid-19 pandemic has caused. The $750 million loan will help in boosting the economy of Nigeria from a financial perspective.
Nigeria was in financial disarray during the Covid-19 pandemic because all major funds were pumped into the health sector to ensure that those who contracted the corona-virus were treated. Many hospitals were built including isolation centres across the country.
Photo Credit: Google
Finally, I want to commend Buhari regime for making a move to receive loan from the World Bank. The $750 million loan will help in rebranding and polishing some sectors that were down because of financial issues.
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