The World Bank has approved three funding operations for Nigeria, totaling $1.08 billion in concessional financing.
These initiatives aim to improve quality of education, strengthen household and community resilience, and enhance nutrition for underserved groups.
The funding includes $500 million in additional financing for the NIGERIA: Community Action for Resilience and Economic Stimulus (NG-CARES) Program, $80 million for Accelerating Nutrition Results in Nigeria (ANRIN 2.0), and $500 million for Hope for Quality Basic Education for All (HOPE-EDU).
According to a statement from the World Bank yesterday, the NG-CARES Programme will help expand access to livelihood support, food security services, and grants for poor and vulnerable households and communities.
The financing for ANRIN is designed to increase access to quality and cost-effective nutrition services for pregnant women, lactating mothers, adolescent girls, and children under five in selected areas.
