World Bank Mobilises $5.79bn For Nigerian Jobs

World Bank, IMF Warn of Jobs Crisis

International Monetary Fund managing director Kristalina Georgieva and World Bank president Ajay Banga warned finance ministers in Bangkok on Monday, 12 October, that artificial intelligence will deepen the unemployment emergency across Nigeria and other developing nations unless governments build basic physical infrastructure and retrain their workforces. Cheap software easily replaces human workers. Speaking at their…

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FG Plans Internet Access For 55,675 Schools And Hospitals With $500m World Bank Loan

The Federal Government has unveiled plans to connect 55,675 public schools and health facilities to broadband internet under a $500 million World Bank–backed initiative aimed at expanding access to high-quality, climate-resilient digital infrastructure across underserved regions of Nigeria. According to the World Bank’s Implementation Status and Results Report on the Building Resilient Digital Infrastructure for…

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