Published On: Fri, May 19th, 2017

World Bank invests $70m in Nigerian varsities

The World Bank said it has spent $70 million on projects in 10 Nigerian universities to boost science and technology studies and to make students attain global standard.
The 10 benefiting universities under African Centre for Excellence (ACE) are Redeemers University, Mowe; Ahmadu Bello University, Zaria; University of Jos, Jos; University of Benin, Benin and African University of Science and Technology, Abuja.
Others are University of Port-Harcourt, Port Harcourt; Obafemi Awolowo University, Ile-Ife; Bayero University, Kano; Benue State University, Makurdi and Federal University of Agriculture, Abeokuta.

World Bank Lead Economist, Global Practice Education, Andreas Blom said at the opening of a workshop in Lagos that the Bank  took more interest in funding several areas of sciences, such as infectious diseases due to the role it played during the Ebola crisis in 2014, adding, “Redeemers University was the testing site for the 2014 Ebola crisis in Nigeria.
“They were able to test and turn around the results within six hours. Very critical scientific information that confirmed there was Ebola that allowed the government to very quickly respond and contain the virus.
“The World Bank is investing $165 million in ACE Africa and the 10 universities in Nigeria will gulp $70m for this project”, he said.

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