According to the World Bank, it is collaborating with Nigeria to offer digital broadband access throughout the nation.
Anshula Kant, managing director and chief financial officer of the World Bank Group, said the international financial organization has a “very large program” with Nigeria and is collaborating closely with the government to deliver some projects during a courtesy visit to President Bola Tinubu in Abuja on Wednesday.
According to Kant, “one of the largest upcoming projects will be in the digital space, providing digital broadband access nationwide.”
We have initiatives in the fields of agribusiness, energy, social protection, education, and health. Thus, we are collaborating closely on this.
Mayank Goyal, a World Bank Group advisor; Taimur Samad, the World Bank’s country manager for Nigeria; and Wale Edun, Nigeria’s finance minister and economic coordinator, accompanied Kant on the visit.
Femi Gbajabiamila, the president’s chief of staff, and Bosun Tijani, the minister of communications and digital economy, were also present.
According to the World Bank executive, the organization’s development priorities—which center on infrastructure, human capital development, and young employment—strongly correspond with Nigeria’s plan.
Certain of our top priorities and Nigeria’s top priorities truly mesh well. The goal of the World Bank Group today is to end poverty on a planet that is habitable. What does that signify? Better jobs and faster growth for youth,” she stated.
In order to accomplish this, we need to establish a supportive environment that includes improved health care, education, internet services, energy availability, and increased agricultural output. The development of human capital is crucial.
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According to her, investing in human capital and physical infrastructure must be balanced for sustainable economic growth.
Kant claims that in order to help Nigeria achieve better job creation and faster growth, the World Bank is dedicated to supporting both areas.
The World Bank representative praised Tinubu and the Nigerian government for implementing daring macroeconomic changes, noting that the benefits are already apparent.
