World Bank attaches reform conditions to Nigeria’s $500 million development loan
Nigeria signed a $500 million development-policy financing agreement linked to progress on reforms for the business environment, public revenue and trade barriers, Nairametrics reported.
- Publish date: 2026-10-20
- Category: Standards & Policy
- Original source: Nairametrics
- Reading time: 1 min read
World Bank attaches reform conditions to Nigeria’s $500 million development loan
Nigeria signed a $500 million development-policy financing agreement linked to progress on reforms for the business environment, public revenue and trade barriers, Nairametrics reported.
The loan falls under the Nigeria Actions for Investment and Jobs Acceleration programme. The report said Finance Minister Taiwo Oyedele signed for Nigeria on October 6, with access tied to satisfactory progress against agreed measures.