The World Bank has approved $632 million in loans for Nigeria, despite rising debt concerns. The funding will support crucial sectors like nutrition and basic education.
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Specifically, $80 million is earmarked for improving nutrition and $552 million for enhancing basic education.A previous $500 million loan for community resilience and economic stimulus was also approved. These loans are part of a broader World Bank strategy to aid Nigeria’s development in healthcare, education, and community resilience.
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