News

Nigeria: World Bank, IMF and Donor countries to monitor 2017 aid budget’s implementation

Nigeria: World Bank, IMF and Donor countries to monitor 2017 aid budget’s implementation
  • Comments   -   Thursday, 02 February 2017 - 11:30

(Ecofin Agency) - Donor countries and global financial institutions such as the World Bank and the International Monetary Fund (IMF) will monitor the implementation of the 2017 budget, in order to ensure proper utilization of funds for projects.

According to the Guardian, countries like Netherlands, United Kingdom, United States, China and other development partners have voiced concerns over the humanitarian crisis affecting about 15 million Internally Displaced Persons (IDPs) in the North East of Nigeria as well as about the alleged misappropriation of donor funds and N1.3 billion given by Federal Government to support IDPs.

Netherlands, which has donated €5.3 million to the 176,000 IDPs in the North East, is working with four Non-Governmental Organizations (NGOs) namely, Save the Children, Oxfam Novib, Stichting Vluchteling/IRC and Tearfund to make sure the money is well used.

Anita Fatunji

SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4
Starting from next month, the Federal Government of Nigeria will commence the...
Read more |  30 March 2017
Nigeria has received only one bid for a railway concession project worth...
Read more |  30 March 2017
Nigeria’s state oil company, NNPC, plans to shift its focus from mainly...
Read more |  30 March 2017
The Minister of Finance, Kemi Adeosun (photo), has announced that the Central...
Read more |  30 March 2017
Most Read | 7 days |
1 month |
1 year
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-03-23 18:19:28' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-02-28 18:19:28' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2016-03-30 18:27:32' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4, 4
listofid2=36681,36680,36679,36678,
reference=36681,36680,36679,36678,0
Nigerian Mortgage banks are struggling to survive as job losses and high...
Read more |  30 March 2017
The Central Bank of Nigeria (CBN) plans to sell N235billion ($765.99 million)...
Read more |  30 March 2017
As announced in February 2016, the European Investment Bank (EIB) has awarded...
Read more |  30 March 2017
Cros Agro Allied Ltd, a Nigerian agribusiness company, has announced plans to...
Read more |  29 March 2017
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4
Most Read | 7 days |
1 month |
1 year
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-03-23 18:19:28' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-02-28 18:19:28' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2016-03-30 18:27:32' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4, 4
Nigerian Mortgage banks are struggling to survive as job losses and high...
Read more |  30 March 2017
The Central Bank of Nigeria (CBN) plans to sell N235billion ($765.99 million)...
Read more |  30 March 2017
As announced in February 2016, the European Investment Bank (EIB) has awarded...
Read more |  30 March 2017
Cros Agro Allied Ltd, a Nigerian agribusiness company, has announced plans to...
Read more |  29 March 2017

Copyright Agence Ecofin © 2015. All Rights Reserved.