The World Bank announced that it has approved an additional $1.57 billion loan to the Nigerian government to fund three projects.
The World Bank noted that new funding will support Nigeria in addressing governance challenges in education and healthcare, improving primary healthcare services, and increasing resilience to climate change through enhanced dam safety and irrigation infrastructure.
According to the World Bank, the approval of the loan was made last week on September 26, 2024.
The approved funding highlights the World Bank’s commitment to strengthening Nigeria’s human capital and building resilience in the face of climate threats.
In June last year, the World Bank approved, $2.
25 billion loan facility for Nigeria to back President Bola Ahmed Tinubu’s economic policies...
News articles remains the property of the source. Tellbrief is a news aggregator.
