FG seeks fresh $500m World Bank loan

File photo: Erosion water flowing across a road in Awka, Anambra State.
File photo: Erosion water flowing across a road in Awka, Anambra State. Photo: Johnnybam / CC BY-SA 4.0, via Wikimedia Commons

The Federal Government is seeking a fresh $500m loan from the World Bank to establish an infrastructure financing platform, with the proposed approval scheduled for 25 May, 2027, just four…

The Federal Government is seeking a fresh $500m loan from the World Bank to establish an infrastructure financing platform, with the proposed approval scheduled for 25 May, 2027, just four days before the inauguration of Nigeria’s next president.

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