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World Bank, NUC sign $65 million deal to benefit 24,000 Nigerians

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The BPP says they’ve trained 2,700 officers already. My question is: has the cost of government projects reduced? Training is one thing, but the ‘Nigerian Factor’ in contract awarding is another.

Nairametrics always keeping us updated on these credit facilities. It’s important we track this money. The ‘Social Standards’ should start with the NUC and BPP showing us a transparent audit of the first $80 million.

July 2026 for the remaining centers to start PhDs? That’s just around the corner. I hope ASUU doesn’t decide to ‘enhance’ their own social standards with a strike before then.

The World Bank Task Team Leader said 40,000 participants were trained in the first phase. 40,000! That’s a whole stadium. If these people are truly certified, why is our public sector still struggling with basic transparency?

I like the ‘six geopolitical zones’ approach. At least nobody can claim one side is eating while the others are watching. Federal character in training is a good start.

At the end of the day, 24,000 beneficiaries is a drop in the ocean for a country of 200 million+. But if those 24,000 are the ones actually in charge of our money, maybe there’s hope for the ‘Elephant’ (Nigeria) to stop bleeding.

Small businesses managing public funds? This is a double-edged sword. It’s good for inclusion, but we need to make sure we aren’t just ‘training’ them on how to navigate the corruption better.

Indigenous sustainability plans… I hope this means the universities won’t come back to beg for more money once the World Bank pulls out in a few years. We need to learn to maintain systems.

Total funding is now $145 million. That is over N217 billion at the current exchange rate! For training? We could build three world-class refineries or ten mega-hospitals with that money.

Procurement, Environmental, and Social Standards? This is basically a course on ‘How to stop Nigerian officials from padding contracts.’ If $65 million can actually fix our procurement wahala, it’s money well spent.

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