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The World Bank has announced the approval of $2.1bn loan for seven projects to be executed in Nigeria.
A statement issued in Abuja on Thursday said the loans were approved in Washington on Wednesday and are for seven projects to support Nigeriaโs investment in nutrition, access to electricity, statesโ fiscal transparency, polio eradication, womenโs economic empowerment, public finance and national statistics and reducing vulnerability to soil erosion.ย World Bank Country Director for Nigeria, Rachid Benmessaoud, was quoted to have said, โThe Federal Government of Nigeriaโs Economic Recovery and Growth Plan identifies human capital investment, restoring growth, and building a competitive economy as its key pillars. Read more