World Bank okays fresh $500m loan for FG

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The World Bank Group has approved a loan of $500m to help Nigeria drive women’s empowerment, The PUNCH has learnt.

It noted that women’s empowerment is essential to their ability to build resilience to climate change and, by extension, the resilience of their households and communities.

“Closing the gender gap in key economic sectors could yield gains of between $9.3bn and $22.9bn, we are optimistic that this scale-up will help Nigeria to move closer to bridging this gap.”

 

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