World Bank opens up on scheme allegedly assisting Nigerians financially


The World Bank has denied report making the rounds online that it is giving out money to individuals to do business.

In a statement released in Abuja on Monday by Olufunke Olufon, World Bank warned Nigerians to be wary of fraudsters parading as its representatives and soliciting fees to enlist Nigerians in a fake scheme.
Olufon, spokesperson of the bank in Nigeria, disclosed that the group has been going about demanding registration fees of about N1000 from unsuspecting Nigerians in communities to be enlisted in the scheme.
The statement readS: “Several correspondences targeting innocent citizens are being circulated falsely claiming that the World Bank is giving out money to individuals to do business and demanding processing fees of N1000 from prospective awardees.
“Please note that: The World Bank is not behind this multi-purpose scheme. The World Bank does not request for personal financial information for applicants to its programmes.”
“Members of the public are advised to verify any information regarding any World Bank-assisted programmes purportedly offered by any individual or groups on its website.”

 Ms. Olufon added that the World Bank would not be held responsible for any refunds of fees solicited by fraudsters.
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