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Nigeria gets new $500m World Bank loan
Nigeria gets new $500m World Bank loan
The World Bank has approved a 500 million dollar loan to support the Sustainable Power and Irrigation for Nigeria, SPIN, project aimed at reducing climate-induced challenges.
Chakib Jenane, World Bank’s Regional Director, Sustainable Infrastructure Development for West and Central Africa, announced this during a visit to Water Resources and Sanitation Minister in Abuja on Thursday.
Mr Jenane said that the SPIN project was approved during the World Bank’s Board meeting on Sept. 26, adding that it was scheduled to begin in January 2025.
According to him, the project is designed to address climate-related issues, including floods and droughts, through enhanced dam safety, improved water resource management, and expanded irrigation services.
The World Bank director said that the project would benefit approximately 950,000 people, including farmers and livestock breeders.
Jenane emphasised the need for Nigeria to continue preparations to meet the remaining conditions in order for the project to be effective by the Jan. 2025 target date.
The World Bank team also provided an update on the Transforming Irrigation Management in Nigeria (TRIMING) project, which is nearing completion.
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The team also gave an update on the Sustainable Urban and Rural Water Supply, Sanitation, and Hygiene (SURWASH) programme, and stressed the importance of involving more states in the initiative.
Jenane encouraged the ministry to explore the establishment of a National WASH Fund, a key objective under the SURWASH programme’s Disbursement Linked Indicator (DLI) 1.
The Minister, Prof. Joseph Utsev, expressed his appreciation to the bank for its continued support of Nigeria’s development, particularly in sustainable infrastructure and water resource management.
He assured the delegation that the Nigerian government would provide the necessary counterpart funding support to ensure the successful implementation of all World Bank-backed projects.
Utsev also emphasised the importance of completing the TRIMING Project on schedule, and reaffirmed the ministry’s commitment to meeting the project’s Jan. 2025 deadline.
Also speaking, Dr Bello Goronyo, the Minister of State for Water Resources and Sanitation, thanked the bank for its approval of the SPIN project.
Goronyo also reiterated the ministry’s commitment to ensuring success of the project through collaborative efforts.
SPIN also mulls developing a master plan for hydropower generation, with a focus on boosting energy production through public-private partnerships.
Nigeria gets new $500m World Bank loan
NAN
News
Amnesty Int’l Condemns Canada for Abstaining from UN Slavery Reparations Vote
Amnesty Int’l Condemns Canada for Abstaining from UN Slavery Reparations Vote
Human rights organisation Amnesty International Canada has strongly criticized Canada for abstaining from a landmark United Nations vote on reparations for the harms caused by the transatlantic slave trade, describing the decision as a missed opportunity to uphold justice and defend the rights of people of African descent.
The UN General Assembly resolution, adopted on March 25, formally recognised the transatlantic trafficking and enslavement of African people over more than four centuries as the gravest crime against humanity. Spearheaded by Ghana, the resolution received 123 votes in favour, with three countries voting against—Argentina, Israel, and the United States—and 52 countries, including Canada, abstaining.
Amnesty International Canada and the Black Canadians Civil Society Coalition (BCCSC) welcomed the resolution as a long-overdue acknowledgment of historical truth and a necessary step toward reparatory justice. However, both organisations expressed disappointment that Canada chose not to support the resolution.
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Racial justice campaigner Melak Gebresilassie of Amnesty International Canada said, “Canada’s abstention is deeply discouraging. This was not a neutral act. It was a choice to step back from a moment of accountability, prioritising political comfort over moral clarity.” He stressed that the Canadian government must acknowledge historical wrongs, commit to reparatory justice, and stand in meaningful solidarity with Black communities to promote dignity, healing, and justice.
Hodan Ahmed, co-founder of the BCCSC, added that the resolution is “a powerful, necessary, and long-overdue acknowledgment of truth—one that survivors, descendants, scholars, and activists have demanded for centuries.” She emphasised that such recognition should serve as the foundation for concrete actions addressing the legacies of slavery, including systemic inequalities and discrimination that persist today.
The UN resolution also encourages participating states to explore reparations measures, including apologies, restitution, compensation, rehabilitation, and initiatives to tackle systemic racial inequalities. While non-binding, the resolution represents a critical step toward global acknowledgment of historical injustices and the promotion of international human rights.
Amnesty International Canada and its partners are urging the Canadian government to reconsider its abstention, actively support reparatory initiatives through the UN framework, and work domestically to address persistent anti-Black racism rooted in slavery and colonialism.
International observers have noted that Canada’s abstention risks undermining its moral authority on human rights issues and may signal hesitation to fully engage in the ongoing global dialogue on reparations and accountability.
Amnesty Int’l Condemns Canada for Abstaining from UN Slavery Reparations Vote
News
EFCC Arrests Abuja House Agent Over ₦288 Million Property Fraud
EFCC Arrests Abuja House Agent Over ₦288 Million Property Fraud
The Economic and Financial Crimes Commission (EFCC) has arrested an Abuja-based real estate agent, Hajia Adama Ahmed Adamu, in connection with an alleged ₦288 million property fraud, the agency confirmed on Wednesday.
According to the EFCC, operatives of its Ilorin Zonal Directorate apprehended Adamu following a petition from a complainant, Alhaji Tanko Yawale, who alleged that the agent collected the funds under the pretext of facilitating the purchase of a property at House 31, Haile Selassie Street, Asokoro, Abuja.
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“Following the payment, Hajia Adamu allegedly failed to provide valid property documents and became evasive, raising suspicion and prompting a formal petition to the EFCC,” the commission stated on its official X handle.
Property-related fraud continues to be a recurring concern in Nigeria’s real estate sector, particularly in major cities like Abuja, where unsuspecting buyers often fall victim to agents posing as legitimate intermediaries. In response, the EFCC has intensified enforcement against land and housing scams, urging Nigerians to verify ownership and documentation before making payments.
The suspect is currently in EFCC custody as investigations continue. The commission also reiterated a warning to the public to remain vigilant against fraudulent property schemes and to report any suspected cases promptly.
EFCC Arrests Abuja House Agent Over ₦288 Million Property Fraud
News
Alkali resigns as Transport minister to chase Gombe governor’s seat
Alkali resigns as Transport minister to chase Gombe governor’s seat
The race for Gombe State’s Government House has officially claimed its latest heavyweight contender. Saidu Ahmed Alkali has stepped down from his role as the Minister of Transportation to focus entirely on his 2027 governorship bid.
Alkali’s exit follows a high-profile meeting with President Bola Tinubu at the Presidential Villa on Tuesday.
His departure was formalized via a circular from the Office of the Secretary to the Government of the Federation (SGF), Senator George Akume.
The move is not just about personal timing; it’s about legal compliance. Alkali is adhering to:
* Section 88(1) of the Electoral Act, 2026: Which mandates officials to vacate office before seeking elective posts.
* The INEC Timetable: With party primaries for the 2027 elections looming, the window for transition is closing.
* Presidential Directive: President Tinubu has been firm that any cabinet member eyeing an elective seat must resign before the primary process begins.
Alkali, a veteran politician and former Senator for Gombe North, is now the third member of the Federal Executive Council (FEC) to trade their ministerial portfolio for a campaign trail.
His resignation leaves a vacancy in the Ministry of Transportation at a critical time for the nation’s infrastructure projects, but signals a tightening of the political battlefield in Gombe.
The circular confirming the development was issued by the Permanent Secretary, General Services Office, Ibrahim Kana.
The circular stated that the directive “followed the provisions of Section 88(1) of the Electoral Act, 2026, as well as the timetable released by the Independent National Electoral Commission (INEC) for party primaries ahead of the 2027 election.”
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