Nigeria Seeks $1.5 Billion World Bank Loan as FG Expands Port Upgrade Beyond Lagos
The Federal Government is pursuing three new World Bank facilities worth a combined $1.5 billion while separately expanding its port modernisation programme beyond Lagos. The proposed Nigeria $1.5 billion World Bank loan would fund climate resilience, social protection and early childhood development. At the same time, the government has approved the upgrade of Onne, Rivers,…