The World Bank don advise the Federal Government of Nigeria to make sure say the budgets dem dey approve be the ones wey go improve the lives of Nigerians. Dis advice come at a time when the country dey face several challenges, including power outages and economic hardship.
According to reports, the World Bank emphasize the importance of budgeting that focuses on projects and initiatives wey go directly impact the welfare of the people. Dem say dis kind of budgeting go help reduce poverty and improve living standards.
This advice come as the Federal Government dey grapple with issues like the recent collapse of the national grid, which happen for the third time in one week. The Nigerian Electricity Regulatory Commission (NERC) say an explosion at the Jebba transmission station cause the latest grid collapse, but dem don restore power in 33 states and the Federal Capital Territory already.
The World Bank’s advice also align with the need for more disciplined management of the national grid, as discussions dey ongoing to transfer the management to Independent System Operator under the Electricity Act 2023.
