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World Bank executive directors currently in Nigeria 


The World Bank Mission of 10 executive directors currently in Nigeria disclosed yesterday that part of its focus was to understand how the power sector is evolving in the country.

The delegation led by Mr. Patrizio Pagano arrived Nigeria on Wednesday to hold high-level discussions with the Vice President, Prof. Yemi Osinbajo; Minister of Finance, Mrs. Kemi Adeosun, and some governors over the bank’s projects in the country as well as private sector players, among others.

Speaking during a meeting with Adeosun in Abuja, Pagano explained that the team was in the country to acquaint itself with the government’s growth and power priorities.

We have met with several Nigerian entrepreneurs and have seen how vibrant the private sector is. We want to understand how the power sector is evolving in Nigeria,” Pagano said.

The World Bank officials had earlier met with the organised private sector in Lagos and undertook a tour of LAPO Microfinance projects in Lagos.

The bank’s 10-executive directors, representing 96 countries, are expected to inspect the Azura Power Plant in Edo State in the course of their three-day visit to Nigeria.

The visit is expected to provide a first-hand impression of the challenges that both the federal and state governments face in implementing development projects as well as ensuring good governance overall.

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