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Nigeria seeks World Bank support on job creation

15 January 2013, 11:04

Abuja - The Federal Government has solicited the support of the World Bank for its job creation efforts in the country.

The Minister of Finance and Coordinating Minister for the Economy, Ngozi Okonjo-Iweala, said this in Abuja on Monday when the World Bank Vice President for Africa, Makhtar Diop, met her at the beginning of the latter’s three-day official visit to Nigeria.

Ms. Okonjo-Iweala said the Federal Government needed the assistance and support of the World Bank for a wide spectrum of its transformation agenda, particularly in the area of job creation in such key sectors as agriculture, water resources, education, infrastructure and power.

While promising to engage the World Bank chief in further discussions to secure the support of the bank in these areas, Ms. Okonjo-Iweala said it would go a long way to help develop a strong economic base for the country and ensure national growth.

Mr. Diop, said he was in Nigeria to seek guidance in areas of support for the country, considering the important position the country occupies in Africa, pointing out that whatever affects Nigeria is likely to affect the whole continent.

He said his visit would provide an opportunity to learn about Nigeria and see how the World Bank can step up its work in the country, assuring the Federal government that its priority would be to fight poverty.

He commended Nigeria’s macro-economic policies, which he said has made it possible for the country to absorb the shock from the current global recession.



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