Abuja, Nigeria
The federal government has secured a fresh $1.08 billion from the World Bank to boost education, support households and nutrition programmes, and strengthen Nigeria’s economic resilience.
In a statement published on the World Bank’s website on Wednesday, the bank said the loans focus on improving the quality of education, building household and community resilience, and enhancing nutrition for underserved groups.
“The World Bank has approved three operations in Nigeria, totalling $1.08bn in concessional financing, to enhance education quality, build household and community resilience, and improve nutrition for underserved groups,” the statement reads.
The loan which is a three financing options for operations setting $500m in additional financing for the Community Action for Resilience and Economic Stimulus Programme, $80m for Accelerating Nutrition Results in Nigeria (ANRIN 2.0), and $500m for the Hope for Quality Basic Education for All (HOPE-EDU) initiative.
According to the NG-CARES Programme office, an initiative of the government designed to address the economic impacts of the COVID-19 pandemic, is positioned to support the government’s efforts in expanding access to livelihood support, food security services, and grants for poor and vulnerable households in the country.
According to NG-CARES, it has already reached over 15 million beneficiaries since its inception.
An impact that has evolved into a shock-responsive platform providing multisectoral interventions, including social transfers, labour-intensive public works, livelihood grants, and support for small businesses.
The new financing is expected to expand the programme’s reach, especially as citizens battle the negative economic challenges occasioned by the removal of fuel subsidy and foreign exchange rate unification in 2023 by the Tinubu administration.
The Accelerating Nutrition Results in Nigeria programme aims to enhance the use of quality nutrition services for pregnant women, lactating mothers, adolescent girls, and children under five.
The initiative is designed to improve maternal and child health, nutrition services, and food security in selected areas. The programme aligns with Nigeria’s National Development Plan (2021–2025) and the Multisectoral Plan of Action for Food and Nutrition, focusing on preventive and curative nutrition interventions, improved feeding practices, and increased access to micronutrient-rich foods.
ANRIN 2.0 builds on the success of the initial programme, which delivered nutrition services to over 13 million children under five between 2018 and 2024.
The HOPE-EDU initiative, which forms part of a series of interrelated operations, will support foundational literacy and numeracy, enhance access to basic education, and strengthen education systems across participating states.
The project is expected to directly benefit 29 million public primary school pupils, 500,000 teachers, and more than 65,000 public primary schools. The initiative will also address issues related to school overcrowding and decentralised allocation of education funds. HOPE-EDU will receive additional funding of $52.18m from the Global Partnership for Education Fund.
Speaking on the development, Ndiamé Diop, country director of the World Bank, said “investing in human capital is critical for Nigeria as it offers the best opportunity to unlock the enormous potential of Nigeria.
“These new programmes will help accelerate education quality and support vulnerable citizens. The HOPE-EDU programme will enable better education outcomes by implementing bold reforms and making the right investments to equip the fast-growing young population with foundational skills necessary for rapid and inclusive economic growth.”
He stated that the ANRIN interventions would improve access to micronutrient-rich foods and nutrition services at primary healthcare levels, while the NG-CARES funding would help Nigeria move from pandemic response to long-term resilience, especially amid ongoing economic challenges.
