FG seeks 18-month extension for $800m W’Bank palliative scheme
No fewer than three million poor and vulnerable households have benefitted from the $800m palliative loan disbursed by the World Bank to cushion the effect of recent government policies, such as the fuel subsidy removal. Of these beneficiaries, 700 thousand households were from rural areas and about 2.5 million households were from urban areas. The World Bank revealed this in its restructuring paper on how to bolster its social safety […]
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