$800m Loan: Dev’t Expert Urges Investment In Mass Transit, Agribusiness

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 77%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

With the latest loan receipt from World Bank to the tune of 800 million dollars by the federal government which is to be disbursed to 50 million vulnerable

Nigerians as fuel subsidy removal palliative, an Abuja based lawyer and development expert, Mr Chyma Anthony has advised President Muhammadu Buhari to consider investment in profit making ventures like urban mass transit scheme, agribusiness and others instead of disbursing same to poor Nigerians.

“I don’t think it will be nice again to spend a whopping sum of 800 million dollar loan obtained from World Bank on 50 million vulnerable Nigerians as palliative for fuel subsidy removal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Give us bailout funds, subsidies to save poultry industry from collapse - PAN to FGThe Poultry Association of Nigeria (PAN) has asked the federal government to provide bailout funds, subsidies, loan facilities and other financial support
Source: DailyPostNGR - 🏆 11. / 59 Read more »