OBODO NAIJA

Nigeria, World Bank Near $1.25bn Deal to Boost Reforms

todayMay 12, 2026 1

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By : Jolayemi Olajide

Di Federal Gornment of Nigeria don begin tuks with World Bank for fresh $1.25bn loan wey go support economic reforms, job creation for Nigerians

According to reports, di proposed loan wey dem call Nigeria Actions for Investment and Jobs Acceleration don reach final stage for approval process.
Say If dem approve am, e go land just months before di 2027 general elections wey Independent National Electoral Commission don already schedule for January 16, 2027.

Di loan go become di second largest World Bank facility wey Nigeria don get under President Bola Tinubu, after di $1.5bn reform support loan wey dem approve for June 2024.

Written by: Rilwan Agbomeji

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