PMB's Strategic Monetary Donation To The North Revealed By World Bank.

By Akingbola sanu 17/10/13 11:39 am

-The President of the World Bank Group, Jim Yong Kim, have come out to reveal plan by the President to direct money to the North.He went further to say the bank had concentrated on the northern region of Nigeria in line with President Muhammadu Buhari’s request.Jim Yong Kim and the Managing Director, International Monetary Fund, Christine Lagarde, spoke at separate press conferences in Washington DC, United States were both said they in turn advised Buhari to invest in things that would enhance economic growth.Kim said, “You know, in my very first meeting with President Buhari he said specifically that he would like us to shift our focus to the northern region of Nigeria and we’ve done that. Now, it has been very difficult. The work there has been very difficult." According to the World Bank boss, the bank will invest in human capital in other parts of Africa in order to prepare the continent for the next phase of growth. Lagarde, in her remarks, said Sub-Saharan African countries, including Nigeria, had posted suboptimal growth in recent times.

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