Home Business Economic recovery : World Bank assists Nigeria with $961m
Economic recovery : World Bank assists Nigeria with $961m
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Economic recovery : World Bank assists Nigeria with $961m

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The World Bank has approved $961 million credit in support of Nigeria to help its Economic Recovery and Growth Programme.

According to the lender, the country will receive $611 million credit to increase basic school enrollment, particularly targeting out-of-school children, who are mostly in northern Nigeria.

Similarly, Kaduna State would be given $350 million to improve its economic transformation programme.

The global bank explained that the facility would aid the Nigerian authorities in their effort to foster inclusion and revive growth.

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