Nigeria to receive part $2.2bn World Bank loan soon — Wale Edun

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Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the World Bank board of directors would consider a loan of $2.25 billion for Nigeria in two weeks.

Finance and Coordinating Minister of the Economy, Wale Edun

Speaking on Channels Television’s ‘Sunday Politics’ programme on Tuesday night, Edun said the country would receive part of the funding soon. He said the country was confident about and looking forward to the disbursement of the loan, adding that this shows “we know how to use the multilateral development banks to our advantage”.Explaining why some multinationals were living the country, Edun said the government was working on the economic and investment climate to attract more multinationals into Nigeria.

“Companies will always come and go, of course, our aim is to not only keep them but to have them even more coming to invest, and we are sure that with the environment that we put in place, they would come,’’ the minister said.

 

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