The Federal Government of Nigeria is set to receive $2.2 billion in fresh funding from the World Bank in 2025, earmarked for six critical projects aimed at boosting economic resilience, education, healthcare, and digital infrastructure.
According to the World Bank, the first approval is expected by March 17, 2025, with $500 million allocated to the “Community Action for Resilience and Economic Stimulus Programme.” By March 31, 2025, an additional $552 million will be channeled into the “HOPE for Quality Basic Education for All” initiative, while $800 million is set to fund “Accelerating Nutrition Results in Nigeria 2.0.”
Beyond these initial allocations, further financing will support critical sectors. $300 million will be directed toward the “Solutions for the Internally Displaced and Host Communities Project”, scheduled for July 15, 2025, $300 million will also go toward the “Health Security Program” which is expected to receive approval on August 19, 2025 amd the “Building Resilient Digital Infrastructure for Growth (BRIDGE)” initiative will benefit from $500 million, pending approval by September 15, 2025.
The World Bank revealed that while the BRIDGE initiative and the Health Security Program are still in the concept review phase, the education and nutrition projects have progressed to the negotiation stage.
In 2024, Nigeria secured $1.5 billion in World Bank development funding, bringing the country’s total exposure under the International Development Association (IDA) to $17.1 billion as of September 30, 2024. By the end of the year, this figure declined slightly to $16.8 billion, yet Nigeria remains the third-largest borrower from the IDA.
A World Bank spokesperson emphasized that Nigeria continues to prioritize investments in resilience, education, health, and digital infrastructure to drive sustainable economic growth.
