• 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
AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

57 minutes ago
Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

5 hours ago
AfDB President Rallies Investors To Harness Africa’s Youth Potential

AfDB President Rallies Investors To Harness Africa’s Youth Potential

7 hours ago
Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

10 hours ago
Sudan: UK Prime Minister Seeks ‘Global Pressure To Stop Slaughter’

Sudan: UK Prime Minister Seeks ‘Global Pressure To Stop Slaughter’

1 day ago
Wednesday, November 26, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

    AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

    Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

    BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

    G20 Not About Washington, South Africa Slams US Boycott

    G20 Not About Washington, South Africa Slams US Boycott

    Brazil's Electoral Court Bars Bolsonaro From Office Until 2030

    Brazil: Bolsonaro Arrested After Trying to Destroy Ankle Monitor And Flee

    French President Visits Mauritius First Time Since 1993 In Tour Of Africa

    French President Visits Mauritius First Time Since 1993 In Tour Of Africa

    Senegal: Best Friends Faye, Sonko Move To Calm Rumoured Rift 

    Senegal: Best Friends Faye, Sonko Move To Calm Rumoured Rift 

    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

    Why Trump Is Calling For Probe Into Clinton’s Epstein Links

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

  • Economy
    AfDB President Rallies Investors To Harness Africa’s Youth Potential

    AfDB President Rallies Investors To Harness Africa’s Youth Potential

    Nigeria Pushes AfCFTA Takeoff, Targets Opportunities In $3.4trn Market

    Nigeria Pushes AfCFTA Takeoff, Targets Opportunities In $3.4trn Market

    Tanzania Revives Talks For Construction Of Largest Seaport In East Africa

    Tanzania Revives Talks For Construction Of Largest Seaport In East Africa

    Malawi Mandates Tourists To Pay In Hard Currency To Mitigate Forex Crunch

    Malawi Mandates Tourists To Pay In Hard Currency To Mitigate Forex Crunch

    China Signs $1.4bn Infrastructure Deal With Zambia, Tanzania

    China Signs $1.4bn Infrastructure Deal With Zambia, Tanzania

    Nigeria: ICPC Chair Accuses Banks Of Enabling Illicit Financial Flows

    Nigeria: ICPC Chair Accuses Banks Of Enabling Illicit Financial Flows

    Togo’s President To Discuss Agriculture, Energy, Education With Putin In Moscow 

    Togo’s President To Discuss Agriculture, Energy, Education With Putin In Moscow 

    Chinese Prime Minister Visits Zambia After 28 Years

    Chinese Prime Minister Visits Zambia After 28 Years

    Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

    Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

    AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

    Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

    BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

    G20 Not About Washington, South Africa Slams US Boycott

    G20 Not About Washington, South Africa Slams US Boycott

    Brazil's Electoral Court Bars Bolsonaro From Office Until 2030

    Brazil: Bolsonaro Arrested After Trying to Destroy Ankle Monitor And Flee

    French President Visits Mauritius First Time Since 1993 In Tour Of Africa

    French President Visits Mauritius First Time Since 1993 In Tour Of Africa

    Senegal: Best Friends Faye, Sonko Move To Calm Rumoured Rift 

    Senegal: Best Friends Faye, Sonko Move To Calm Rumoured Rift 

    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Benin: Parliament Approves Extension Of Presidential Term From 5 To 7 Years

    Ghana’s Growth Prospects Boosting Investor Confidence – Finance Minister 

    Why Trump Is Calling For Probe Into Clinton’s Epstein Links

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

    Tanzania: President Hassan Inaugurates Panel To Investigate Post-Election Killings

  • Economy
    AfDB President Rallies Investors To Harness Africa’s Youth Potential

    AfDB President Rallies Investors To Harness Africa’s Youth Potential

    Nigeria Pushes AfCFTA Takeoff, Targets Opportunities In $3.4trn Market

    Nigeria Pushes AfCFTA Takeoff, Targets Opportunities In $3.4trn Market

    Tanzania Revives Talks For Construction Of Largest Seaport In East Africa

    Tanzania Revives Talks For Construction Of Largest Seaport In East Africa

    Malawi Mandates Tourists To Pay In Hard Currency To Mitigate Forex Crunch

    Malawi Mandates Tourists To Pay In Hard Currency To Mitigate Forex Crunch

    China Signs $1.4bn Infrastructure Deal With Zambia, Tanzania

    China Signs $1.4bn Infrastructure Deal With Zambia, Tanzania

    Nigeria: ICPC Chair Accuses Banks Of Enabling Illicit Financial Flows

    Nigeria: ICPC Chair Accuses Banks Of Enabling Illicit Financial Flows

    Togo’s President To Discuss Agriculture, Energy, Education With Putin In Moscow 

    Togo’s President To Discuss Agriculture, Energy, Education With Putin In Moscow 

    Chinese Prime Minister Visits Zambia After 28 Years

    Chinese Prime Minister Visits Zambia After 28 Years

    Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

    Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

  • 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

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

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

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

November 26, 2025
Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

November 26, 2025

AfDB President Rallies Investors To Harness Africa’s Youth Potential

Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

Sudan: UK Prime Minister Seeks ‘Global Pressure To Stop Slaughter’

Niger Dispatches Fuel Convoy To Mali To Ease Shortage

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

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

November 26, 2025
Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

November 26, 2025
AfDB President Rallies Investors To Harness Africa’s Youth Potential

AfDB President Rallies Investors To Harness Africa’s Youth Potential

November 26, 2025
Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

November 26, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

AU, EU Pledge To Strength Trade Ties, Combat Illegal Migration

November 26, 2025

BREAKING: Coup Hits Guinea-Bissau As Military Officers Detain President

November 26, 2025

AfDB President Rallies Investors To Harness Africa’s Youth Potential

November 26, 2025

Nigeria: DSS Accuses Mamu Of Receiving N50m From Ransom Proceeds Of Kaduna Train Attack

November 26, 2025

Sudan: UK Prime Minister Seeks ‘Global Pressure To Stop Slaughter’

November 25, 2025

Niger Dispatches Fuel Convoy To Mali To Ease Shortage

November 25, 2025

Uganda: Bobi Wine’s Party Alleges Arrest Of 300 Members

November 25, 2025

Tanzania Cites Post-Election Unrest For Cancellation Of Independence Celebration

November 25, 2025

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