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World Bank Approves $1.65bn in Loans for Nigeria in 2025

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The World Bank plans to approve three major loan projects for Nigeria in 2025, totaling $1.65 billion. These loans will focus on addressing critical issues such as internally displaced persons, education, and nutrition.
The projects include the $300 million Solutions for the Internally Displaced and Host Communities Project, the $553.8 million HOPE for Quality Basic Education for All project, and the $800 million Accelerating Nutrition Results in Nigeria 2.0.

These loans are part of the World Bank’s ongoing support for Nigeria’s development and economic recovery, and the loans are expected to be approved in early 2025. The World Bank has approved $6.95 billion in loans for Nigeria under President Bola Tinubu's administration over the past 18 months.

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