Nigeria Hopes to Secure $1.65 Billion World Bank Loan for 3 Projects Next Year
2 min read
According to an article on the World Bank’s website, the Nigerian government hopes to get a $1.65 billion loan approved by the organization in 2025.
Three major projects that the Nigerian government has suggested will be decided by the global bank in 2025.
🌿 Ruzu Non-Alcoholic Herbal Bitters
Ruzu Non-Alcoholic Herbal Bitters is a natural health supplement specially formulated to:
- ✅ Promote general wellness
- ✅ Detoxify the body
- ✅ Support the treatment of various ailments
Made from a powerful blend of 100% organic and medicinal herbs, Ruzu is completely alcohol-free, making it ideal for:
- 👪 All age groups
- 🌱 Health-conscious individuals
- 🌿 Anyone seeking non-alcoholic herbal remedies
Whether you're looking to boost your vitality, cleanse your system, or support healing the natural way, Ruzu Bitters offers a trusted herbal solution.
Politics Nigeria is aware that the loan aims to solve some of the nation’s developmental shortcomings.
On April 8, 2025, the World Bank is expected to approve the $300 million commitment amount for the first loan project, Solutions for the Internally Displaced and Host Communities Project.
The government said the loan will assist solve the nutrition and education issues that IDPs across confront.
Read Also: FEC Approves Funding for €161m Siemens Power Project
Additionally, HOPE for Quality Basic Education for All is the second project, which has a $553.8 million commitment and an approval deadline of March 20, 2025.
A $800 million finance fund is being proposed for the third and final project, Accelerating Nutrition Results in Nigeria 2.0, with an approval date of February 20, 2025.
The global financial organization will deliberate on the projects and grant further permission if needed at a meeting scheduled for February 20, 2025.
About The Author
