ABUJA — Nigeria is reportedly negotiating three new World Bank loans worth about $1.5 billion.
Reports say the proposed financing could support climate resilience, social protection and early childhood development.
The development comes as Nigeria’s public debt continues to attract attention.
The proposed borrowing has therefore renewed discussion about how the government balances development spending with debt management.
Monafrika Business Watch:
The key issue will be how the funds are used and whether the projects produce measurable benefits for Nigerians.
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