The World Bank has approved three financing operations totalling $1.08bn to support education, nutrition, and economic resilience in Nigeria.

According to a recent statement on the bank’s website, the concessional loans are aimed at improving the quality of education, building household and community resilience, and enhancing nutrition for underserved groups.

The approved operations include $500m in additional financing for the Community Action for Resilience and Economic Stimulus Programme, $80m for Accelerating Nutrition Results in Nigeria (ANRIN 2.0), and $500m for the Hope for Quality Basic Education for All (HOPE-EDU) initiative.

The programme, which has already reached over 15 million beneficiaries, has evolved into a shock-responsive platform providing multisectoral interventions, including social transfers, labour-intensive public works, livelihood grants, and support for small businesses.

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