World Bank Archives | Openlife Nigeria

Nigeria Infrastructure Deficit Worsens As Capital Spending Falls By 70 Percent

Deepening Fiscal Crises Worry Stakeholders, Investors As FG Spends 11 Times More On Debt Servicing Than Capital Projects

Openlife Reporter October 12, 2026

Stakeholders and investors are worried as World Bank data shows FG spent N7.7trn on interest payments in H1 2026, exceeding N6.2trn revenue by N1.5trn and…

Why FG Won't Reverse Fuel Deregulation Despite N1,450 Petrol Price And Poverty - Lokpobiri

Despite Hardship On Consumers, Encouraging Investment Matters Most – Lokpobiri Defends Fuel Deregulation

Openlife Reporter September 23, 2026

Petroleum Minister Heineken Lokpobiri has defended fuel deregulation despite retail petrol selling at N1,370-N1,450, saying Nigeria's N1,430 average is lower than US (N1,633), Cameroon (N1,959),…

How I Disarmed General Obasanjo During Diesel War—Femi Otedola

Openlife Reporter August 8, 2025

How I Disarmed General Obasanjo During Diesel War OpenLife Nigeria reports that Mr. Femi Otedola, a billionaire business man has revealed how he disarmed President…

You Have Replaced Hope With Hopelessness, NLC Tells Tinubu

Openlife Reporter June 5, 2025

You Have Replaced Hope With Hopelessness OpenLife Nigeria reports that the Nigeria Labour Congress (NLC) has said that two years into President Bola Tinubu’s administration,…

As Naira Becomes Worst-Performing Currency In Africa, State Governments Borrow To Pay Salaries

Openlife Reporter October 5, 2023

As Naira Becomes Worst OpenLife Nigeria reports that the Nigerian Naira has been confirmed as among the worst-performing currencies in Africa, the World Bank has…

Tension As World Bank Threatens Lebanon

Openlife Reporter February 23, 2021

Tension as World Bank dangles embargo on Lebanon OpenLife Nigeria reports that there is tension as World Bank has threatened to stop funding COVID-19 vaccines…