Thursday, April 3, 2025

World Bank approves $1.08 billion loan for Nigeria

LAGOS, April 3 (Jawasi) - The World Bank said on Wednesday it had approved a total of $1.08 billion in concessional financing for Nigeria to enhance education quality, build household and community resilience, and improve nutrition for underserved groups. The bank said $500 million would go towards an economic stimulus program with another $500 million for education, and the balance would be used to boost standards of nutrition in Nigeria.
The previous loans during the Tinubu's economy anarchy were not felt on the populace society - Nigerians should follow due process through all means to salvage Nigeria of not becoming a slave nation by discovering household to be built by the loan.

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