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World Bank to support Nigeria’s health and education sectors

The President, World Bank Group, David Malpass, said this during a press briefing at the 2020 annual general meeting on Thursday.

World Bank to support Nigeria’s health and education sectors www.theafricanstand.com


(African Stand) — World Bank Group has said it will work with the Nigerian government to strengthen the health and education sectors.

The President, World Bank Group, David Malpass, said this during a press briefing at the 2020 annual general meeting on Thursday.

He said, “For Nigeria, the vital steps are to strengthen the health system and the education system, and we try to work in those areas.

“Also, the governance system and transparency are vital in order to reduce corruption within the system.

“I compliment Nigeria for tackling the problem of subsidies in the hydrocarbon area.

“By reducing those subsidies and allowing gasoline prices to rise – it is very hard for governments to do that — there are substantial benefits.

“It means that there are fiscal savings.

“It also means there are environmental benefits that are large, and it also allows markets to work better and to allocate resources better.

“So, I think progress is being made in that area and it is valuable.”

Esther Kamara

Written by Esther Kamara

Esther Kamara is a reporter at African Stand, covering the West African region with stories on politics and how it intersects with business, innovation, startups, and culture. She graduated from Kwame Nkrumah University with a Bachelor of Science in Information Technology.

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