
World Bank Commits $16bn Portfolio To Nigeria
World Bank commits $16bn portfolio to Nigeria The World Bank said it has committed over $16 billion to Nigeria across 28 active projects. This financial commitment has been mostly through concessional financing from the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD). In a statement on Saturday, the Bank said these investments are targeted at helping Nigeria tackle its most pressing development priorities. These include expanding access to essential services such as electricity, education, and healthcare, advancing gender inclusion and economic opportunities for women, and improving food security through enhanced agricultural productivity. As part of…