This week in Nigeria has seen significant happenings in a variety of fields, and here are the highlights on the top story’s of the week.
Leadership Changes at NNPC
Bayo Ojulari, a former executive at Shell, was named the new CEO of the Nigerian National Petroleum Company (NNPC) by President Bola Tinubu. This move aims to address issues like corruption and inefficiency as well as revitalize the state-owned oil company. Reforms to improve NNPC's operational efficiency and transparency are anticipated from Ojulari.
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The World Bank Grants a Loan of $1.08 Billion
Nigeria received a $1.08 billion loan from the World Bank to address nutrition issues among underserved populations, enhance community resilience, and improve the quality of education. The COVID-19 pandemic's exacerbated economic difficulties will be alleviated and ongoing economic reforms will be supported by this financial assistance.
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Tragic Boxing Loss
Gabriel Oluwasegun Olanrewaju, a professional boxer from Nigeria, tragically passed away after collapsing in Ghana during a light-heavyweight fight. Concerns about athlete safety and the need for strict health protocols in sports have been raised by the incident.
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