The Federal Government has appealed to the World Bank for its support
in the nation’s efforts towards creating jobs for its huge unemployed
population.
The Coordinating Minister for the Economy and Minister of Finance,
Dr. Ngozi Okonjo-Iweala, had told visiting World Bank Vice President for
Africa, Mr. Makhtar Diop, at a meeting in Abuja, that the Federal
Government had put in place a wide range of programmes and progjects for
job creation and needed the help of the bank to maximize the impacts.
According to the minister, “Nigeria needs the support of the World
Bank in sectors such as agriculture, water resources, education,
infrastructure, particularly power, where it has enormous potentials.”
However, in his response, Mr. Diop said he was in Nigeria to “seek
guidance in areas of support for Nigeria because Nigeria was important
for Africa and whatever affects Nigeria will affect the continent.” He
commended Nigeria’s macro-economic policies which enabled Nigeria to
post impressive growth rates of well over 6 per cent in the last few
years and a time global economic performance was negative.
The World Bank chief described Nigeria as a very important member of
the organization and a significant player in the world economy and
especially in the African region. Mr. Diop assured that the bank would
partner with the Federal Government with a view to ensuring that
Nigerians enjoyed the benefits of the country’s membership of the global
body.
Source: Vanguard
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