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Nigeria News

BREAKING: President Tinubu Obtains $500m Loan For Women’s Empowerment

Emmanuel Atseyinku
Last updated: June 27, 2023 3:18 pm
By Emmanuel Atseyinku
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The World Bank Group has approved a loan of $500m to help Nigeria drive women’s empowerment, The PUNCH has learned.

This became the second loan approved by the World Bank under the new President, Bola Tinubu.

It is a scale-up financing for Nigeria for Women Programme, which was initially approved on June 27, 2018, with $100m financing.

A statement by the World Bank read in part, “The World Bank has approved $500m for Nigeria for Women Program Scale Up (NFWP-SU). The scale-up financing will further support the government of Nigeria to invest in improving the livelihoods of women in Nigeria.

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