Nigeria Seeks Fresh $1.5bn in World Bank Loans

• • 1 min read
Nigeria Seeks Fresh $1.5bn in World Bank Loans

ABUJA — The Federal Government is seeking three World Bank loans of $500 million each, according to World Bank documents. They would provide additional financing for the ACReSAL land restoration project, an early childhood development programme and the HOPE-SP social protection programme, with board dates between October 2026 and March 2027. The ADC presidential candidate, Atiku Abubakar, said in a statement that the government should account for the debt already incurred before borrowing more.

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