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Nigeria

Rights

News

IFC faces critical questions over investments in gig economy

IFC’s investments in gig economy platform companies come under scrutiny

13 July 2021

Land

Analysis

The World Bank’s investments in the Great Green Wall: A desert mirage?

World Bank commits to invest additional $5 billion in the Great Green Wall over the next five years, despite shortcomings in its existing investments in the initiative highlighted by IEG.

23 March 2021

Social services

News

World Bank-backed water bill sparks anti-privatisation movement in Nigeria

Bill withdrawn after allegations of misconduct, as Nigerian civil society mobilises against water privatisation.

23 March 2021

Environment

News

Eni files ICSID arbitration request linked to controversial Nigeria oil deal

Case continues troubling trend of increased ISDS claims from fossil fuel industry.

10 December 2020

Finance

Analysis

The IMF and World Bank-led Covid-19 recovery: ‘Building back better’ or locking in broken policies?

Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.

16 July 2020

Gender

Analysis

The IMF and Gender Equality: Operationalising Change

Latest IMF guidance on gender issues raises more questions than answers as it opens the door to impact assessments and alternative macro policies.

18 February 2019 | Briefings

Environment

Analysis

World Bank's investment in Seven Energy in Nigeria once again calls Bank's due diligence into question

World Bank's due diligence processes highly suspect as it invests a quarter of a billion dollars in Nigerian Seven Energy, where several individuals associated with the company’s flagship contract are now either on the run or charged with money laundering.

6 December 2018 | At Issue

Social services

News

CSOs urge IFC to divest from for-profit school chain

CSOs urge investors to divest from private school provider Bridge International Academies; IFC remains investor, despite WDR’s concerns with private education.

27 March 2018
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Other news

Accountability

News

IMF faces wave of calls to suspend loan disbursements in Africa

Activists call for suspension of IMF disbursements, raising alarm about lack of accountability for several African loans.

13 July 2021

Conditionality

News

World Bank power sector loan in Nigeria raises energy costs as economic crisis bites

As Nigeria enters a deepening economic recession, a $750 million World Bank programme for results (P4R) loan has resulted in increased electricity tariff rates for most Nigerians.

6 October 2020

Social services

News

Lagos water rights summit rejects World Bank privatisation

World Bank water privatisation push in Africa criticised by civil society that are calling for a rights-based approach. 

4 April 2019

IFI governance

Background

Equity, inclusion and education: Examining evidence on low-fee private schools

Notes from a side event on privatisation of education and low-fee private schools, which took place during the World Bank-IMF 2016 annual meetings.

6 October 2016 | Minutes

Social services

News

Uganda to close IFC partner’s schools

Uganda has announced that it will close IFC-backed Bridge Academy private schools due to poor hygiene and sanitation.

23 September 2016

Rights

News

World Bank’s proposed standards “gravely weaken” investment safeguards

As the World Bank closed the third and final round of public consultations on its new draft social and environmental standards, further concerns have been raised about problematic and weak language.

5 April 2016

Social services

News

Nigeria water privatisation questioned

Civil society in Nigeria has criticised and called for disclosure of a water privatisation scheme in Lagos involving the World Bank.

2 February 2015

IFI governance

Background

Matching money and expertise: ensuring conflict sensitivity is top of the agenda for the bank's fragile state financing

Notes of a meeting on matching money and expertise at the World Bank-IMF annual meetings 2014

9 October 2014
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