By John Ikani
The President of the World Bank, Ajay Banga, is on a significant mission to enhance the bank’s relationships with global partners and countries.
Nigeria is the next stop on his tour. He will be spending three days in the West African nation beginning on August 3rd.
A statement issued by World Bank said the tour marks a crucial step in drafting a new playbook for the 78-year-old institution.
During his time in Nigeria, Mr. Banga will focus on crucial areas such as job creation for young people and women, addressing energy needs and renewable energy, and exploring digitization opportunities.
Notably, he will visit a World Bank-financed mini-grid power plant providing solar energy to an entire community and a woman-owned business that has created more than 1,500 service-sector jobs for young Nigerians.
The World Bank President’s schedule in Nigeria includes meetings with President Bola Tinubu and Vice President Kashim Shettima.
Also, there will be discussions with representatives from the private sector and civil society to further the bank’s goals in the country.
This visit comes after Mr. Banga’s recent two-day trip to Ethiopia.
His wife, Ritu Banga, will accompany him during the Nigerian visit, following earlier stops in Peru, Jamaica, and India.
Mr. Banga took up the position of World Bank President in May, having been selected by the bank’s executive directors for a five-year term.
His leadership experience includes serving as president and CEO of Mastercard, a global organization with nearly 24,000 employees.
In addition, he held the role of honorary chairman of the International Chamber of Commerce from 2020 to 2022.
