Breaking News

Nigerian Govt Excited as it Finally Secures N287.6bn Loan following quite a while of Negotiation with World Bank

The Federal Government of Nigeria has reported it has gotten a $700 million(N287 billion) World Bank credit.

The financing will be utilized to address the shortage of convenient water in six states all through the country.


Nigeria has been in talks with the World Bank about financing for the P-WASH (Plan – Water, Sanitation, and Hygiene) Action Plan.

  The Federal Government has uncovered that $700 million (N287.65bn) credit from the World Bank to assist with explicit water projects in the nation has been gotten.

Read Also: 

Just In: FG Announces Date for Christmas Public Holidays

Clergyman of Water Resources, Suleiman Adamu, made the exposure while addressing writers in Abuja during the Ministry's honor service the Guardian reports.

As per Adamu, seven states, containing Imo, Delta, Bauchi, Ekiti, Katsina, Kaduna and Plateau are relied upon to profit from the principal level of the credit.

No comments