World Bank Approves Fresh $1.57Billion Loan For Nigeria - Tellbrief.com

World Bank Approves Fresh $1.57Billion Loan For Nigeria

Nigeria has secured three new loans from the World Bank, totalling $1.57 billion, to improve healthcare, education, and climate resilience.

The funds will focus on enhancing services for women, children, and adolescents, while also addressing climate challenges such as floods and drought. The statement continues, “The HOPE-GOV and HOPE-PHC programmes combined will support the Government of Nigeria to improve service delivery in the basic education and primary healthcare sectors which are critical towards improving Nigeria’s human capital outcomes.

“The SPIN project will support improvement of dams’ safety and management of water resources for hydropower and irrigation in selected areas of Nigeria.”Additionally, the HOPE-GOV programme will focus on governance reforms.

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