• About
  • Advertise
  • Our Privacy Policy
  • Contact
Wednesday, May 13, 2026
No Result
View All Result
  • Login
  • Register
MetrowatchXtra
  • WORLD
  • BUSINESS
  • POLITICS
  • HEALTH
  • SPORTS
  • OP-ED
  • ENTERTAINMENT
  • WORLD
  • BUSINESS
  • POLITICS
  • HEALTH
  • SPORTS
  • OP-ED
  • ENTERTAINMENT
No Result
View All Result
MetrowatchXtra
No Result
View All Result
Home Latest News

24,000 Nigerians to Benefit from $65m World Bank SPESSE Funding

The Executive Secretary of the National Universities Commission, Prof. Abdullahi Ribadu, disclosed this on Wednesday in Abuja during the signing of performance contracts for the additional SPESSE financing

Kemi Sheriepha by Kemi Sheriepha
May 13, 2026
0 0
0
By Jumoke Olaitan and Funmilayo Adeyemi

No fewer than 24,000 additional Nigerians are expected to benefit from a new $65 million funding phase under the World Bank-supported Sustainable Procurement, Environmental and Social Standards Enhancement (SPESSE) project.

The Executive Secretary of the National Universities Commission, Prof. Abdullahi Ribadu, disclosed this on Wednesday in Abuja during the signing of performance contracts for the additional SPESSE financing.

The programme also featured the signing of performance contracts with vice-chancellors of participating universities.

Ribadu said the new financing phase builds on the success of the initial 80 million dollar SPESSE project, which became effective in 2021.

According to him, the initiative is aimed at strengthening Nigeria’s capacity in procurement, environmental management and social standards across public and private institutions.

He said the project was introduced to address the shortage of skilled professionals in critical governance areas.

“With the support of the World Bank and under the coordination of the NUC, six centres of excellence were established across the six geopolitical zones to provide sustainable capacity building in these critical sectors.

“The centres are laying a foundation that ensures that no region is excluded from inclusivity,” he said.

READ ALSO  Anambra: Soludo Imports Two Million Malaysian Palm Oil Seedlings, Coconuts | METROWATCH

Ribadu said the six participating universities emerged through a rigorous selection process that assessed institutional readiness, quality assurance and sustainability measures.

According to him, the institutions are now playing strategic roles in producing skilled manpower needed to support transparency, environmental responsibility and socially inclusive development.

He described the contract-signing ceremony as a demonstration of renewed commitment to accountability, sustainable capacity development and institutional excellence.

The NUC boss added that the centres had recorded major milestones, including the development of specialised academic programmes ranging from short courses to postgraduate and undergraduate degrees.

He also said investments had been made in digital learning infrastructure and research facilities.

Ribadu further disclosed that three of the six centres had commenced PhD programmes, while the remaining institutions were expected to begin doctoral training by July 2026.

Under the new phase, he said the commission targets at least 60 PhD graduates, enrolment of 60 foreign students, staff internships and expanded student exchange programmes with international institutions.

Also speaking, Director-General of the Bureau of Public Procurement (BPP) Dr Adebowale Adedokun, said the project had already trained more than 2,700 public and private sector officers in procurement practice nationwide.

READ ALSO  Dr Daniel Olukoya, Wife, Receive Global Reputation Forum Award

Adedokun said the next phase would support deployment of Nigeria’s electronic procurement system and expand online capacity-building programmes for policymakers and small and medium-scale enterprises handling public funds.

Also, Mr Ishtiak Siddique, Task Team Leader for SPESSE at the World Bank, said more than 40,000 participants had already been trained under the original project, with over 4,000 practitioners certified across procurement, environmental and social standards.

Siddique said the additional financing would prioritise training for key government agencies at federal, state and local government levels to accelerate development impact.

He added that sustainability remained central to the new funding phase to ensure that SPESSE centres continue operating effectively beyond development partner support.

The Vice-Chancellor of the University of Lagos, Prof. Folasade Ogunsola, reaffirmed the institution’s commitment to strengthening professional capacity in procurement, environmental and social standards.

Ogunsola pledged to deepen institutional ownership of the SPESSE centre and expand postgraduate training and international collaborations. (NAN)

 

Metrowatchxtra

Tags: World Bank
Kemi Sheriepha

Kemi Sheriepha

RELATED POST

Tax Reform Bill to Benefit 90% of Nigerian Workers, Oyedele to NLC
Latest News

Nigeria Government Debunks Hidden Spending Claims, Clarifies World Bank Report

by Kemi Sheriepha
April 20, 2026
0

By Nana Musa Mr Taiwo Oyedele, Minister of State for Finance, has dismissed reports alleging hidden spending and diversion of...

Read moreDetails
Inflation Rate Rises To 24.23%

World Bank Warns Oil Prices Surge May Raise Nigeria’s Inflation by 3.1

April 8, 2026
IMF Recommends Tight Monetary Policy to Lower Nigeria’s Inflation

IMPI Rejects IMF, World Bank’s 3% Economic Growth Forecast, Says Nigeria Has Stronger Prospects

May 8, 2025
Dangote Gets Appointment from World Bank

Dangote Gets Appointment from World Bank

April 25, 2025
World Bank Commits $1.2bn to Girls’ Education in Nigeria

World Bank to Approve $2.2bn Loan for Nigeria in 2025

February 27, 2025
World Bank Commits $1.2bn to Girls’ Education in Nigeria

World Bank Commits $1.2bn to Girls’ Education in Nigeria

February 1, 2025
Load More

APO

Recent Posts

  • Burkina Faso’s Parliament Adopts Additional Protocols to Strengthen Sahel Alliance
  • 24,000 Nigerians to Benefit from $65m World Bank SPESSE Funding
  • Police Bust Initiation Rites, Arrest 24 Suspected Cultists in Ondo
  • WAEC Workers to Embark on Protest over Recruitment, Pay Policy Disputes
  • Court Dismisses ADA Suit against INEC for Lacking in Merit

Recommended

Mama Boko-Haram, Two Others Jailed for N6m Fraud

Mama Boko-Haram, Two Others Jailed for N6m Fraud

1 year ago
UEFA Champions League Round of 16 Draw Confirmed (Full Fixtures)

UEFA Champions League Round of 16 Draw Confirmed (Full Fixtures)

1 year ago
MetrowatchXtra

MetrowatchXtra is an online daily newspaper poised to act as a catalyst in our debate and desire for well-governed Nigeria and provide the much-needed platform for all, irrespective of social, religious or political divide, to express their views.
Metrowatchxtra Nigeria

  • About
  • Advertise
  • Our Privacy Policy
  • Contact

© 2026 Metrowatchxtra Nigeria Published by Miraculous Media Connect Limited. All rights reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Politics
  • World
  • Business
  • Science
  • Entertainment
  • Sports
  • Tech
  • Health

© 2026 Metrowatchxtra Nigeria Published by Miraculous Media Connect Limited. All rights reserved