The World Bank is preparing to approve a total of $2.95 billion in new loans for Nigeria across six key projects in 2025. According to the institution’s project list, these loans will support initiatives focused on economic resilience, education, health, and infrastructure development.
Among the allocations, $500 million is earmarked for the ‘Community Action for Resilience and Economic Stimulus Programme,’ set for approval by March 17. By the end of March, two additional projects are expected to receive funding: $552 million for the ‘HOPE for Quality Basic Education for All’ and $800 million for ‘Accelerating Nutrition Results in Nigeria 2.0.’
Further approvals include $300 million for the ‘Solutions for the Internally Displaced and Host Communities Project’ on July 15 and another $300 million for the ‘Health Security Program’ on August 19. Additionally, the World Bank plans to allocate $500 million to the ‘Building Resilient Digital Infrastructure for Growth (BRIDGE)’ initiative on September 15.
While the BRIDGE initiative and the Health Security Program are still in the early concept review stage, other projects, such as the Accelerating Nutrition Results and HOPE for Quality Basic Education, have advanced to the negotiation stage. This new financing follows the $1.5 billion loan Nigeria received from the World Bank in 2024 to support various development programs aimed at strengthening the economy and enhancing resource mobilization.
