World Bank Pledges $1.65 Billion Loans for Nigeria Development Projects in 2025

The World Bank plans to approve three major loan projects for Nigeria worth $1.65 billion in 2025, aiming to address critical developmental challenges in the country.
The World Bank has announced plans to disburse $1.65 billion in loans to Nigeria next year as part of its efforts to address the country's critical developmental challenges. The three major loan projects are expected to be approved for implementation in 2025, with the total amount allocated to support key initiatives and infrastructure development in Nigeria. This move is aimed at addressing pressing issues such as poverty reduction, healthcare improvements, and sustainable economic growth. The World Bank's investment is seen as a significant boost to Nigeria's development agenda.