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Business News of Wednesday, 2 August 2023

Source: www.punchng.com

W’Bank President to visit Tinubu on youth empowerment, others

World Bank president Ajay Banga World Bank president Ajay Banga

The President of the World Bank Group, Ajay Banga, is expected to visit Nigeria for three days, from August 3, 2023.

This was according to a press release on Tuesday by the World Bank’s Senior External Affairs Officer for Nigeria, Mansir Nasir.

The statement read in part, “World Bank President Ajay Banga, will begin a three-day visit to Nigeria on August 3, 2023. This is the next step of a global tour that is at the center of a mission to write a new playbook for the 78-year-old institution.

“Banga will focus his time in Nigeria on identifying opportunities to create jobs for young people and women, addressing energy needs and renewable energy, and further exploring the potential for digitisation.”

According to the statement, he was expected to visit the mini-grid solar power plant, which was financed by the bank.

He would also visit the President, Bola Tinubu, and his Vice, Kashim Shettima.

The statement read, “As part of these efforts, he will visit a World Bank financed mini-grid power plant that is providing solar energy to an entire community, and a woman-owned business that has generated more than 1,500 service-sector jobs for young Nigerians.

“While in Nigeria, Banga will meet with President Bola Ahmed Tinubu and Vice President Kashim Shettima. In addition, the World Bank will convene discussions with representatives from the private sector and civil society.”

It was also noted that Banga would be arriving alongside his wife, Ritu Banga, after a two-day visit to Ethiopia.

He had also done earlier tour stops in Peru, Jamaica, and India.