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W/Bank Scores Nigeria High on Economic Growth From Andy Ekugo in Abuja The World Bank has scored Nigeria's economic growth, particularly within the last one year, very high and pledged its support for service delivery programmes intended to alleviate poverty in the country. The new Country Director of the bank, Dr. Hafez Ghunem, expressed the view during a courtesy call on the Minister of Works, Senator Adeseye Ogunlewe, in Abuja yesterday. Ghunem said the World Bank is monitoring the unfolding economic development programmes in Nigeria and is convinced that the country is on the right path of success as a nation. He said, "Nigeria today is going through a very important set of economic development and we at the World Bank are looking with admiration and interest at what Nigeria has been doing in terms of governance, fighting corruption, better management of public transparency in the oil sector and the development of a programme to fight poverty (NEEDS) and bringing about growth. We would like to be a partner in this process to support in whatever way we can". According to him, it was important that Nigeria succeeded "and through that success in economic transformation, the fight against poverty will have a huge impact on the entire West African region and the whole of African continent given Nigeria's importance and weight in the area of public works". Ghunem said it was on this score that the World Bank was seeking advice on how to help Nigeria. "We are looking forward to finance projects towards eradicating poverty, the energy sector and to ensure that infrastructures work," he said. Ogunlewe in his remarks urged the World Bank to assist in financing some road projects in the country in order to enhance socio-economic growth, especially in the South-South region. Some of the on-going projects, the minister solicited for the bank's assistance for, included the Itigidi bridge and Bodo Bonny bridge project which he said would eradicate poverty in the creek region long cut off from civilisation. Also, he asked the World Bank to express interest in the on-going integration programmes through which trans-saharan highways are being constructed to ease the movement of goods and properties within the region and the continent. Who Are We ? | About THISDAYOnLine.com | THISDAY People | Contact Us © Copyright 2000 Leaders & Company Limited

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