The World Bank has approved $1.57 billion to help Nigeria with important projects. This money will be used to fix problems in schools and hospitals, make healthcare better, and protect the country from climate change.
The plan also includes improving dams and water systems to help with farming.The World Bank wants to help Nigeria become stronger, especially in areas like education and healthcare.
The goal is to make sure people get better services and are prepared for climate challenges. The approval came on September 26, 2024.The money will come in two parts: a $1.5 billion loan and a $70 million grant.
This funding is part of the World Bank’s plan to reduce poverty, increase jobs, and improve how Nigeria manages its water and climate issues.