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Nigeria: Govt Threatens Not to Honour World Bank Loans delayed beyond Six Months

The federal government has called on the World Bank to expedite the approval and disbursement of project funds to Nigeria, threatening not to honor any loans delayed beyond six months. A statement issued at the weekend by the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF), Bawa Mokwa, noted that the Accountant-General of the Federation, Dr. Shamseldeen Ogunjimi, made the call in Abuja during a courtesy visit by a World Bank delegation led by Manager of the World Bank Team, Treed Lane. [...]