The World Bank may approve a total of One point Thirteen Billion Dollars in loans for Nigeria before the end of March 2025 as part of ongoing efforts to support the country’s economic resilience, health security, and education reforms.
According to information published on the World Bank’s website, three key projects for Nigeria are at the stage of negotiation, with approval dates set for this month.
Among the projects set for negotiation is the Accelerating Nutrition Results in Nigeria 2.0 programme, valued at Eighty Million Dollars, which is expected to be approved by March 31, 2025.
This initiative is aimed at improving nutrition outcomes, particularly among vulnerable groups, by enhancing access to essential dietary support and reducing malnutrition rates.
Another project, among others, in the negotiation phase is the Community Action for Resilience and Economic Stimulus Programme, which has a commitment value of Five Hundred Million Dollars and is expected to be approved by March 24, 2025.
The project is designed to provide an economic stimulus for community-driven initiatives to strengthen economic resilience and growth.
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