The World Bank has approved three new financing totalling $1.57 billion to support Nigeria.
According to a statement released on Monday, the institution said the approved funds will support the federal government in strengthening human capital through better health for women, children and adolescents.
They added that the approved projects would also help build resilience to the effects of climate change such as floods and drought through improving dam safety and irrigation.
Also Read: President Tinubu swears in Justice Kekere-Ekun as substantive CJN
A breakdown of the new financing reveals that it “includes $500 million for addressing governance issues that constrain the delivery of education and health (HOPE-GOV), $570 million for the Primary Healthcare Provision Strengthening Program (HOPE-PHC) and $500 million for the Sustainable Power and Irrigation for Nigeria Project (SPIN)”.
Leave feedback about this
You must be logged in to post a comment.