BUSINESS
World Bank approves $1.25 billion support package for Nigeria's 2026–2032 development strategy
MyDigiFolio Editors
1 min read
The funding package is designed to support Nigeria's long-term economic goals by promoting private sector-led growth and job creation. It also aims to improve access to energy, digital infrastructure, and agricultural services.
The World Bank Group has approved a new Country Partnership Framework for Nigeria covering the 2026–2032 period, along with a financing package worth $1.25 billion.
The initiative is intended to support employment opportunities and strengthen economic growth by encouraging greater private sector investment. It also focuses on improving access to energy, digital services, and agricultural support as part of Nigeria's long-term development agenda.
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