World Bank approves $500m fresh loan facility for Nigeria
The World Bank has approved a fresh loan facility of $500 million for Nigeria. The multilateral bank on its website says the new loan is to support the economic stimulus programmes,
The bank says the loan facility was approved on March 28, The fresh loan will raise to $7.4 billion the total credit facility obtained by the Tinubu Administration from the World Bank
The bank is expected to conclude this week, its decision on two other loan proposals from Nigeria,, One of the pending loan proposals is $80 million for accelerating nutritious results
