The Federal Government has reaffirmed its commitment to economic reforms and attracting investment as the World Bank approved a $1.25 billion partnership package to support Nigeria’s development priorities.
The funding is expected to boost job creation, encourage private sector investment, and strengthen key sectors of the economy, including energy, agriculture, and digital infrastructure. According to the World Bank, the package is designed to promote sustainable economic growth, improve productivity, and enhance opportunities for businesses and citizens.
Government officials described the approval as a significant step toward accelerating ongoing economic reforms, expressing optimism that the investment will help drive inclusive growth, improve livelihoods, and support Nigeria’s long-term development agenda.
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