World Bank Backs Nigeria With $1.25 Billion to Boost Jobs and Investment


 World Bank Backs Nigeria With $1.25 Billion to Boost Jobs and Investment


Meta Description: The World Bank has approved a $1.25 billion financing package for Nigeria under a new 2026–2032 plan to create jobs and unlock private sector growth.


Body:


The World Bank Group has approved a new long-term partnership strategy for Nigeria, alongside $1.25 billion in financing aimed at driving job creation and economic growth.


According to the announcement, the 2026–2032 Country Partnership Framework will focus on unlocking private sector investment and expanding access to energy, digital services, and agriculture.  


The plan is designed to spur jobs and boost economic growth across Nigeria, with a strong focus on private investment.


Officials say the funding will support key sectors that directly affect Nigerians, including power, digital access, and farming value chains.


The World Bank said the strategy aims to drive job creation by unlocking private sector investment in Nigeria.  


This is a developing story. We will update Daily Info Nigeria as more details on project allocations are released.


Source: Reuters

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