Nigeria gets $2.2bn projects approval from World Bank

The World Bank have approved six projects worth about $ 2 .2 bn for implementation in Nigeria.

A statement issued by the World Bank on Wednesday said the projects would support human capital and economic development in a bid to lift millions of Nigerians out of poverty.

According to the statement , the facilities approved by the bank would finance projects aimed at improving immunization , creation of a stronger business environment for the private sector and expansion of the digital economy for job creation.

David Malpass, World Bank Group President said “Nigeria is central to the World Bank Group’s mission of tackling extreme poverty. The World Bank is carefully targeting its support on high impact projects as the country works to tackle corruption and lift 100 million of its people out of poverty ”.

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