News
Nigeria Receives $2.2 Billion from World Bank During Fiscal Year 2024 Under Tinubu’s Administration
During the fiscal year 2024, which spans from July 2023 to June 2024, Nigeria has secured at least $2.2 billion in funding from the World Bank under President Bola Tinubu’s administration.
This amount is separate from any outstanding loans Nigeria owes to the World Bank’s International Bank for Reconstruction and Development (IBRD).
Notably, Nigeria’s IDA exposure has increased, surpassing India, and positioning the country among the top global IDA debtors.
As of June 30, 2024, the top ten IDA debtors account for 63% of IDA’s total exposure.
It has been reported that Bola Ahmed Tinubu was absent at the commissioning of the Opebi-Mende Link Bridge, which took place on April 8, 2026.
However, Senate President Godswill Akpabio represented the President and carried out the ceremony.
As he commissioned the project, he stated “On behalf of President Bola Ahmed Tinubu, I commission these projects.”
Residents of Lagos should prepare for traffic disruptions as several roads will be closed due to the visit of Bola Ahmed Tinubu, who is set to commission infrastructural projects.
The commissioning will take place on April 8 and 9, 2026.
Affected areas on Wednesday (April 8):
Opebi, Allen Avenue, Ikeja, Ojota, and Victoria Island.
Affected areas on Thursday (April 9):
Lekki-Epe Expressway, Ikoyi, Victoria Island, and Ajegunle.
Motorists are advised to plan alternative routes and expect heavy traffic during these periods.
President Donald Trump makes headline as he threatens Iran on social media.
The president shared “Open the F***ing Strait, you crazy bastards, or you’ll be living in Hell — JUST WATCH!”
It can be noted that he even did a countdown on Saturday “48 hours before all Hell will rain down on them,” he warned Saturday. “Time is running out.”
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