• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
World Bank Offers Nigeria Fresh $1.57bn Support Fund

World Bank Offers Nigeria Fresh $1.57bn Support Fund

1 year ago
Ghana’s Foreign Minister Visits Ghanaian Prisoners Of War In Ukraine

Ghana’s Foreign Minister Visits Ghanaian Prisoners Of War In Ukraine

32 minutes ago
WEF President Børge Brende Resigns Following Review Of Epstein Contacts

WEF President Børge Brende Resigns Following Review Of Epstein Contacts

50 minutes ago
Gunman, Covid-19 and My Family

Tinubu and the NNPCL House of Cards

11 hours ago
Guinea: Junta Leader Doumbouya Takes Early Lead In Presidential Poll

Guinea Accuses Detained Sierra Leonean Soldiers Of Violating Its Space

17 hours ago
S/A: Five Arrested, Including Airport Staff, For Allegedly Smuggling Drugs Into Australia

Nigerian Arrested At Freetown Airport With Cocaine

18 hours ago
Thursday, February 26, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Sudan Slams Uganda For Hosting RSF Paramilitary Commander

    Sudan Slams Uganda For Hosting RSF Paramilitary Commander

    Tunisia: President Said Jails Lawmaker Who Mocked Him On Facebook

    Tunisia: President Said Jails Lawmaker Who Mocked Him On Facebook

    Zimbabwe Pays First Compensation To White Farmers Affected By Land Reforms

    Zimbabwe: War Veterans Head To Court, Challenge Mnangagwa’s Tenure Extension  

    Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

    Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

    Obama Slams Trump Over Racist Video

    Obama Slams Trump Over Racist Video

    Nigeria: Electoral Commission Fixes Presidential Poll February 20, 2027

    Nigeria: Electoral Commission Fixes Presidential Poll February 20, 2027

    AU Rejects Israel’s Recognition Of Somaliland As Independent Nation

    AU Rejects Israel’s Recognition Of Somaliland As Independent Nation

    Morocco Wins Seat On AU Peace And Security Council

    Morocco Wins Seat On AU Peace And Security Council

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

  • Economy
    WEF President Børge Brende Resigns Following Review Of Epstein Contacts

    WEF President Børge Brende Resigns Following Review Of Epstein Contacts

    Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

    Zimbabwe Bans Export Of Raw Minerals, Lithium Concentrates

    World Bank Advocates Debt Relief For Countries Owing Over $8.7trn

    World Bank Targets $6bn Concessional Funding To Revive Mozambique’s Economy

    Nigeria Rises To Fifth In Africa’s Solar Rankings As Adoption Grows

    Egypt Ranks Third In Africa For Solar Energy Capacity In 2025

    Zimbabwe’s Local Content Drive Is Saving Govt US$500m Annually

    Zimbabwe’s Local Content Drive Is Saving Govt US$500m Annually

    US Supreme Court Rules Trump’s Global Tariffs As Illegal

    US Supreme Court Rules Trump’s Global Tariffs As Illegal

    Malawi: Suspects Who Used Hearse To Smuggle Charcoal Escape Custody

    Malawi: Suspects Who Used Hearse To Smuggle Charcoal Escape Custody

    Erdogan Visits Ethiopia After 11 Years, Signs Energy Cooperation

    Erdogan Visits Ethiopia After 11 Years, Signs Energy Cooperation

    Kenya: Strike Grounds Flights At Jomo Kenyatta Airport

    Kenya: Strike Grounds Flights At Jomo Kenyatta Airport

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Sudan Slams Uganda For Hosting RSF Paramilitary Commander

    Sudan Slams Uganda For Hosting RSF Paramilitary Commander

    Tunisia: President Said Jails Lawmaker Who Mocked Him On Facebook

    Tunisia: President Said Jails Lawmaker Who Mocked Him On Facebook

    Zimbabwe Pays First Compensation To White Farmers Affected By Land Reforms

    Zimbabwe: War Veterans Head To Court, Challenge Mnangagwa’s Tenure Extension  

    Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

    Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

    Obama Slams Trump Over Racist Video

    Obama Slams Trump Over Racist Video

    Nigeria: Electoral Commission Fixes Presidential Poll February 20, 2027

    Nigeria: Electoral Commission Fixes Presidential Poll February 20, 2027

    AU Rejects Israel’s Recognition Of Somaliland As Independent Nation

    AU Rejects Israel’s Recognition Of Somaliland As Independent Nation

    Morocco Wins Seat On AU Peace And Security Council

    Morocco Wins Seat On AU Peace And Security Council

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

  • Economy
    WEF President Børge Brende Resigns Following Review Of Epstein Contacts

    WEF President Børge Brende Resigns Following Review Of Epstein Contacts

    Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

    Zimbabwe Bans Export Of Raw Minerals, Lithium Concentrates

    World Bank Advocates Debt Relief For Countries Owing Over $8.7trn

    World Bank Targets $6bn Concessional Funding To Revive Mozambique’s Economy

    Nigeria Rises To Fifth In Africa’s Solar Rankings As Adoption Grows

    Egypt Ranks Third In Africa For Solar Energy Capacity In 2025

    Zimbabwe’s Local Content Drive Is Saving Govt US$500m Annually

    Zimbabwe’s Local Content Drive Is Saving Govt US$500m Annually

    US Supreme Court Rules Trump’s Global Tariffs As Illegal

    US Supreme Court Rules Trump’s Global Tariffs As Illegal

    Malawi: Suspects Who Used Hearse To Smuggle Charcoal Escape Custody

    Malawi: Suspects Who Used Hearse To Smuggle Charcoal Escape Custody

    Erdogan Visits Ethiopia After 11 Years, Signs Energy Cooperation

    Erdogan Visits Ethiopia After 11 Years, Signs Energy Cooperation

    Kenya: Strike Grounds Flights At Jomo Kenyatta Airport

    Kenya: Strike Grounds Flights At Jomo Kenyatta Airport

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

World Bank Offers Nigeria Fresh $1.57bn Support Fund

September 30, 2024
in Economy, Top Stories
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Lucy Adautin 

The World Bank has approved $1.57 billion for Nigeria to boost human capital through improved health for women, children, and adolescents, and to build climate resilience.

Relatedreading

Ghana’s Foreign Minister Visits Ghanaian Prisoners Of War In Ukraine

WEF President Børge Brende Resigns Following Review Of Epstein Contacts

The latest funding focuses on addressing governance issues that constrain the delivery of education and health (HOPE-GOV), $570m for the Primary Healthcare Provision Strengthening Program (HOPE-PHC) and $500m for the Sustainable Power and Irrigation for Nigeria Project (SPIN).

The HOPE-GOV and HOPE-PHC programs aim to enhance service delivery in Nigeria’s basic education and primary healthcare sectors, while the SPIN project focuses on improving dam safety and water resource management for hydropower and irrigation in selected areas.

The Program will increase availability and effectiveness of financing for basic education and primary healthcare service delivery, enhance transparency and accountability of financing and improve recruitment, deployment and performance management of basic education teachers and primary healthcare workers by federal, state, and local governments.

The HOPE-PHC project, part of the Health Sector Renewal Investment Initiative, aims to enhance reproductive, maternal, newborn, child, and adolescent health services, reducing maternal and under-five mortality and improving health system resilience, benefiting 40 million people, especially vulnerable populations.

The project is financed by a concessional $500m International Development Association (IDA) credit and an additional $70m in grant financing from the Global Financing Facility for Women, Children and Adolescents (GFF).

The GFF support includes $11m from the UK Foreign, Commonwealth & Development Office (FCDO) and $12.5m from the Children’s Investment Foundation Fund (CIFF) through joint financing with the GFF to help close the financing gap for primary and community healthcare and maternal newborn care at hospital-level, while also supporting government efforts to ensure sustainable financing for family planning commodities.

The SPIN Program will enhance dam safety in Nigeria to protect against floods and drought, while also providing improved irrigation and drainage services across 40,000 hectares.

This initiative will benefit up to 950,000 people, including households, farmers, and livestock breeders, by providing reliable, climate-resilient irrigation and water supply, leading to increased agricultural productivity through improved water management.

The SPIN project will also allow the government to develop a hydropower master plan and a public-private partnership for a hydropower initiative.

“Effective investment in the health and education of Nigerians today is central to increasing their future employment opportunities, productivity, and earnings, while reducing poverty of the most vulnerable. This new financing for human capital and primary healthcare will help to address the complex difficulties faced by Nigerians especially women and girls around access and quality of services, but also the governance arrangements that also explain these difficulties” said Dr. Ndiamé Diop, the World Bank Country Director for Nigeria.

“The SPIN program is timely and will protect Nigerians from floods and droughts in the areas where it will be implemented, while enabling an increase in hydropower generation. The direct positive impact of this project on people and livelihoods is enormous. The World Bank is pleased to work with the government and other stakeholders to deliver this program,” Diop added.

Tags: World Bank
ShareTweetSend
Previous Post

HT Exclusive: War-Torn Sudan Where Uncertainty Stares At 160,000 Pregnant Women

Next Post

Boxing: Joshua Incurs Ban 

Related Posts

Ghana’s Foreign Minister Visits Ghanaian Prisoners Of War In Ukraine

Ghana’s Foreign Minister Visits Ghanaian Prisoners Of War In Ukraine

February 26, 2026
WEF President Børge Brende Resigns Following Review Of Epstein Contacts

WEF President Børge Brende Resigns Following Review Of Epstein Contacts

February 26, 2026

Tinubu and the NNPCL House of Cards

Guinea Accuses Detained Sierra Leonean Soldiers Of Violating Its Space

Ghana’s FM Visits Ukraine, Seeks Release Of Nationals Held As PoW

Uganda: Two Women Arrested For Allegedly Kissing In Public

Next Post
Boxing: Joshua Incurs Ban 

Boxing: Joshua Incurs Ban 

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1
AH 2026 AH 2026 AH 2026

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Ghana’s Foreign Minister Visits Ghanaian Prisoners Of War In Ukraine

Ghana’s Foreign Minister Visits Ghanaian Prisoners Of War In Ukraine

February 26, 2026
WEF President Børge Brende Resigns Following Review Of Epstein Contacts

WEF President Børge Brende Resigns Following Review Of Epstein Contacts

February 26, 2026
Gunman, Covid-19 and My Family

Tinubu and the NNPCL House of Cards

February 26, 2026
Guinea: Junta Leader Doumbouya Takes Early Lead In Presidential Poll

Guinea Accuses Detained Sierra Leonean Soldiers Of Violating Its Space

February 25, 2026
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Ghana’s Foreign Minister Visits Ghanaian Prisoners Of War In Ukraine

February 26, 2026

WEF President Børge Brende Resigns Following Review Of Epstein Contacts

February 26, 2026

Tinubu and the NNPCL House of Cards

February 26, 2026

Guinea Accuses Detained Sierra Leonean Soldiers Of Violating Its Space

February 25, 2026

Nigerian Arrested At Freetown Airport With Cocaine

February 25, 2026

Ghana’s FM Visits Ukraine, Seeks Release Of Nationals Held As PoW

February 25, 2026

Uganda: Two Women Arrested For Allegedly Kissing In Public

February 25, 2026

US Court Jails Ex-NNPC Chief Paulinus Okoronkwo For Seven Years Over $2.1m Bribe

February 25, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In