The proposed facilities comprise three separate $500m financings. The first is additional funding for the Agro-Climatic Resilience in Semi-Arid Landscapes project, known as ACReSAL, which operates across 19 northern states and the Federal Capital Territory. The World Bank is scheduled to consider the facility on October 29, 2026.
The other proposals are linked to social protection and early childhood development programmes and remain at earlier stages of preparation. The World Bank documents indicate that the proposed financing is still subject to the relevant review and approval processes and does not yet represent funds disbursed to Nigeria.
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Summary
The Federal Government is discussing three proposed World Bank facilities worth $1.5bn to support climate resilience, social protection and early childhood development. The Federal Government is in discussions with the World Bank for three proposed loans totalling $1.5bn, with the financing expected to support climate resilience, social protection and early childhood development. The proposals come as Nigeria’s public...
Key takeaways
- The Federal Government is discussing three proposed World Bank facilities worth $1.5bn to support climate resilience, social protection and early childhood development.
- The Federal Government is in discussions with the World Bank for three proposed loans totalling $1.5bn, with the financing expected to support climate resilience, social protection and early childhood development.
- The proposals come as Nigeria’s public debt reached N166.79tn at the end of June 2026.The proposed facilities comprise three separate $500m financings.
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What is this story about?
The Federal Government is discussing three proposed World Bank facilities worth $1.5bn to support climate resilience, social protection and early childhood development. The Federal Government is in discussions with the World Bank for three proposed loans totalling $1.5bn, with the financing expected to support climate resilience, social protection and early childhood development. The proposals come as Nigeria’s public...
Who published this story?
Glow 99.1 FM published this story with GlowRy Atuah listed as author.
When was it published?
September 28, 2026
