Nigeria Set To Receive Fresh $2.2bn World Bank Loan

Nigeria Set To Receive Fresh $2.2bn World Bank Loan — Minister of Finance, Wale Edun According to him: “We have qualified for the processing just this week to the Board of Directors of the World bank of a total package of $2.25 billion of what you can call ‘the closest you can get to a free lunch’- virtually a grant. It’s for about 10- 20 years moratorium and about 1% interest.”