The World Bank will inject $2.2 billion into Nigeria’s development in 2025 and will allocate the funds across six key projects.
It aims to enhance community resilience, healthcare, and digital infrastructure by approving the loans in phases throughout the year.
According to the World Bank’s project list, the organisation will allocate $500 million to the Community Action for Resilience and Economic Stimulus Programme, which it plans to approve on March 17.
Additionally, the World Bank will provide $300 million for the Solutions for Internally Displaced and Host Communities Project, with approval scheduled for July 15.
Furthermore, the World Bank will invest $300 million in the Health Security Programme to strengthen Nigeria’s healthcare sector, expecting to approve it on August 19.
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In a bid to enhance digital connectivity, the institution will also commit $500 million to Building Resilient Digital Infrastructure for Growth (BRIDGE), planning to approve the project on September 15.
Previous World Bank Support For Nigeria
Meanwhile, in 2024, the World Bank granted Nigeria a $1.7 billion loan to support projects in healthcare, agriculture, and infrastructure.
It allocated $500 million to the Nigeria: Primary Healthcare Provision Strengthening Programme, $500 million to the Nigeria Human Capital Opportunities for Prosperity and Equity (HOPE) – Governance project, and another $500 million to the Sustainable Power and Irrigation for Nigeria project.
By continuing this partnership, Nigeria aims to strengthen economic resilience, improve essential services, and drive long-term development.
