Tag: Why World Bank Must Suspend Loans To States – SERAP

  • Why World Bank Must Suspend Loans To States – SERAP

    Why World Bank Must Suspend Loans To States – SERAP

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    by

    Olumide Akinrinlola
    in

      The Socio-Economic Rights and Accountability Project, SERAP, yesterday, urged the World Bank President, Mr Ajay Banga, to suspend issuing loans to Nigeria’s 36 states over allegations of mismanaging public funds, including loans obtained from the institution. It also urged the World Bank to probe the spending of over $8.5 billion in loans and other…