FG seeks fresh $1.5bn World Bank loan

FG seeks fresh $1.5bn World Bank loan

The Federal Government is in discussions with the World Bank for three new loans totalling $1.5bn for climate, social protection and child development.

FG opens talks for fresh $1.5bn World Bank loans

The development comes amid concerns over Nigeria’s rising public debt. The country’s total public debt stood at N166.79 trillion as of June 30, 2026, up from N159.35 trillion as of March 31, 2026.

Nigeria Seeks Fresh $1.5bn World Bank Loans for Climate, Social Protection

By Adedapo Adesanya Nigeria is seeking $1.5 billion in fresh financing from the World Bank to fund climate resilience, early childhood development and social protection programmes. The proposed financing comprises three separate $500 million credits from the World Bank’s International Development Association (IDA), according to reports on Monday. The first facility is an additional $500 […]

Federal Government Seeks Fresh $1.5bn World Bank Loans

The federal government has opened talks with the World Bank for three new loans totalling $1.5bn to fund climate resilience, social protection and early childhood development programmes. World Bank documents show the financing is made up of three separate $500m facilities. The first to go before the Bank’s board is a $500m additional financing for […]

FG seeks $1.5bn World Bank loans as Nigeria’s debt per person hits N716,822

The federal government seeks $1.5 billion in fresh World Bank loans as Nigeria’s public debt rises to N166.79 trillion and debt per person reaches N716,822.

FG seeks fresh $1.5bn World Bank loan - OGUN STATE TELEVISION

The Federal Government has opened discussions with the World Bank for three new loans totalling $1.5bn, even as Nigeria’s public debt climbed to a record N166.79tn at the end of…