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World bank disburses $7bn to Nigeria
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World bank disburses $7bn to Nigeria

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Image result for World bankThe World Bank says it has disbursed a total of $7billion to Nigeria from 2012 to date.

Statistics obtained from the bank’s web portal also showed that its current portfolio in Nigeria stood at $8.billion.

A total of $4.7 billion, approved for the country, is yet to be disbursed.

The total loan portfolio is made up of concessional loans from the International Development Association and commercial loans from the International Bank for Reconstruction and Development.

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