Skip to content
Saturday 24 October 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
Business & Economy
Business & Economy

World Bank approves $1.08billion loan for Nigeria

The FrontierThe FrontierApril 3, 2025 3313 Minutes read0

•Tinubu

The World Bank has approved three operations in Nigeria, totaling $1.08 billion in concessional financing, to enhance education quality, build household and community resilience, and improve nutrition for underserved groups.

This includes $500 million in additional financing for the Nigeria: Community Action for Resilience and Economic Stimulus (NG-CARES) Programme, $80 million for Accelerating Nutrition Results in Nigeria (ANRIN 2.0), and $500 million for Hope for Quality Basic Education for All (HOPE-EDU).

SDP Poster Layout

The NG-CARES Programme will support the Nigerian government in expanding access to livelihood support, food security services, and grants for poor and vulnerable households and communities, reports Daily Independent.

The financing for ANRIN aims to increase the utilisation of quality and cost-effective nutrition services for pregnant women and lactating mothers, adolescent girls, and children under five in select areas.

The new financing for HOPEEDU will focus on improving foundational learning, access to basic education, and strengthening education systems in the participating states.

Initially designed to respond to the COVID-19 pandemic, the NG-CARES Programme-for-Results (PforR) operation, which has reached over 15 million direct beneficiaries, has evolved into a shock-responsive platform providing multisectoral interventions for the poor and vulnerable.

Implemented at the subnational level across all 36 states and the Federal Capital Territory, the Programme stimulates the local economy through social transfers, labour-intensive public works, livelihood grants, basic community services, agriculture and food security interventions, and support to micro and small enterprises.

The additional financing will strengthen the programme’s extensive reach and positive impact, underscoring the need for continued support in the face of economic hardships, including those from the 2023 fuel subsidy reforms and foreign exchange rate unification.

Aligned with Nigeria’s National Development Plan (20212025), the Multisectoral Plan of Action for Food and Nutrition (2021-2025), and the Nutrition-774 initiative, ANRiN 2.0 offers an evidence-based, multisectoral approach to combatting malnutrition and food insecurity, focusing on maternal and child health, integrated nutrition services, and household food security.

The programme will increase utilisation of preventive and curative nutrition services, improve maternal and young child feeding practices and dietary diversity, increase access to micronutrient rich foods and provide essential nutritional support to vulnerable populations, mitigating the immediate risks of malnutrition and food insecurity.

The initial ANRIN programme reached over 13 million children under five with nutrition services between 2018 and 2024.

HOPE-EDU is part of a series of three interrelated operations, alongside HOPE-Governance and HOPE-Primary Health Care. It aligns with the country’s Universal Basic Education programme objectives and strategies.

HOPE-EDU will support structured pedagogy approaches to foundational literacy and numeracy, create learning opportunities where school overcrowding impedes participation, and adopt decentralised allocation and management of Universal Basic Education Intervention Funds, school management, and system information.

The Programme is expected to directly benefit 29 million children enrolled in public primary schools, 500,000 public primary teachers, and more than 65,000 public primary schools and their School-Based Management Committees.

The Programme will also receive co-financing in the amount of US$52.18 million from the Global Partnership for Education Fund.

“Investing in human capital is critical for Nigeria as it offers the best opportunity to unlock the enormous potential of Nigeria.

These new sets of programmes will help Nigeria to accelerate education quality and support to vulnerable citizens.

The HOPEEDU 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 and knowledge necessary for rapid and inclusive economic growth, ” said Dr. Ndiamé Diop, the World Bank Country Director for Nigeria.

“Nutrition interventions from ANRIN will enhance household access to micronutrient rich foods and nutrition services at primary healthcare level, improve dietary diversity, and provide essential nutritional support to vulnerable populations, mitigating the immediate risks of malnutrition and food insecurity.

The NG-CARES additional financing will support the Nigerian government in transitioning from responding to and recovering from the COVID-19 crisis to building household and community resilience.”

Tags
loanNigeriaWorld Bank
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Ighodalo heads to Appeal Court after Governor Okpebholo’s tribunal victory
next post Governor Okpebholo extends olive branch to Ighodalo, others
Related posts
  • Related posts
  • More from author
Business & Economy

Nigeria’s poultry farmers demand urgent action over rising costs, feed shortages

October 23, 20260
Business & Economy

CBN approves JPMorgan Merchant Bank operations in Nigeria

October 23, 20260
Business & Economy

Hardship: Economic Council endorses 90-day plan to ease cost of living for Nigerians

October 23, 20260
Load more
Read also
Inside Akwa Ibom Today

ARISE Projects Impact

February 9, 20250
Politics

2027: ‘Tinubu Must Come’, ‘Tinubu Must Go’ supporters clash •Violence threatening elections

October 24, 20260
News

Seven die in multiple-vehicle crash

October 24, 20260
Politics

2027 presidential election: Tinubu’s Northern test begins today

October 24, 20260
Health

World Polio Day: No child should get paralysed by preventable diseases – Rotary Governor

October 24, 20260
Entertainment

SHOCKING: Another Nollywood actor dies hours after Francis Duru’s death

October 24, 20260
News

‘Fake’ govt agency: Tinubu reinstates suspended permanent secretary

October 24, 20260
Load more

ARISE Projects Impact

February 9, 2025

2027: ‘Tinubu Must Come’, ‘Tinubu Must Go’ supporters clash •Violence threatening elections

October 24, 2026

Seven die in multiple-vehicle crash

October 24, 2026

2027 presidential election: Tinubu’s Northern test begins today

October 24, 2026

World Polio Day: No child should get paralysed by preventable diseases – Rotary Governor

October 24, 2026

SHOCKING: Another Nollywood actor dies hours after Francis Duru’s death

October 24, 2026

ARISE Projects Impact

0 Comments

2027: ‘Tinubu Must Come’, ‘Tinubu Must Go’ supporters clash •Violence threatening elections

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

ARISE Projects Impact

February 9, 2025
2

Tinubu swears in 8 Perm Secs, 18 RMAFC Commissioners •FULL LIST

February 3, 2025
3

How cult war is unsettling Anambra

November 23, 2024
4

Stakeholders divided over Nigeria Football Federation elections

August 11, 2026
5

How Fulani herdsmen cut my arms – 60-year-old gateman

January 10, 2024
6

Fake number plates: We’ll shut down your commands if… – Nigerian students union threatens FRSC

February 5, 2025
Popular
1

ARISE Projects Impact

February 9, 2025
2

More heat on Wike as Rivers APC chieftain supports National Secretary, says non-members have no say in party affairs

January 6, 2026
3

Naira loses gains over Yuletide foreign exchange pressure

December 10, 2025
4

Ogoni Four: Rivers community demands release of corpses 31 years after

November 12, 2025
5

UK Police arrest man for arson after fire at PM Starmer’s house

May 13, 2025
6

EyeCare with Dr Priscilia Imade: How to love your eyes

October 21, 2024

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

ARISE Projects Impact

February 9, 2025

BREAKING: Popular Nollywood actor Francis Duru “Ahanna” of Rattlesnake fame is dead

October 23, 2026

Ebonyi governor suspends 2 commissioners, others over misconduct

November 26, 2024

Confessions of BBNaija housemate: Drug addiction almost killed me •PHOTOS

August 14, 2024

UTME: Only 108 of 39,000 underage candidates scale FG’s admission hurdles

October 21, 2026
Top posts

Categories

  • News5181
  • Politics4900
  • Crime4654
  • International3248
  • Sports2610
  • Business & Economy2387
  • Headlines2297
  • Education1456
  • Matilda Showbiz1054
  • Health967
  • Entertainment894
  • Africa621
  • Religion504
  • Environment405
  • Special279
  • Info Tech268
  • Arts & Culture245
  • Inside Akwa Ibom Today236
  • Hunger protests in Nigeria224
  • Interview198
  • Opinion159
  • EyeCare with Dr Priscilia Imade138
  • World Cup 202695
  • Advert36
  • Trends25
  • Epistles of Anthony Kila19
  • Local News5
  • The Surge4

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact