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.
