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The World Bank has approved a $1.25 billion financing package to support economic reforms aimed at boosting investment, creating jobs and sustaining growth in Nigeria. The funding is part of the bank’s 2026–2032 Country Partnership Framework and will support reforms in the power, digital economy, agriculture, trade and revenue sectors. The programme is expected to expand electricity and broadband access, improve health services, support millions of farmers and encourage greater private sector investment.
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
The World Bank has approved a $1.25 billion Development Policy Financing (DPF) package for Nigeria to support key economic reforms aimed at attracting private investment, creating jobs and sustaining long-term economic growth.
Nigeria Secures $1.25bn World Bank Funding to Boost Jobs, Investment and Economic GrowthSource: Facebook
The funding is part of the bank’s new Country Partnership Framework (CPF) for 2026–2032, a six-year strategy designed
