The World Bank has scheduled December 16, 2025, for the approval of a new $1 billion Development Policy Financing loan under the “Nigeria Actions for Investment and Jobs Acceleration” initiative. The package comprises a $500 million International Development Association (IDA) credit and a $500 million International Bank for Reconstruction and Development (IBRD) loan aimed at strengthening economic reforms and boosting job creation.
The proposed loan will support Nigeria’s transition from economic stabilisation to inclusive growth, focusing on improving access to credit, expanding digital infrastructure, and promoting private-sector-led investment. It will also target key areas such as agriculture, trade, and digital governance to enhance productivity and competitiveness.
According to the World Bank, the initiative will be implemented through the Federal Ministry of Finance in collaboration with the Central Bank and relevant ministries. The funds, to be disbursed in two tranches, are expected to help lower inflation, stimulate export diversification, and create millions of direct and indirect jobs across the country.
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