Tinubu Welcomes W’Bank’s $5.79bn Plan, Dangles $78.5bn Projects Before Investors
Deji Elumoye in Abuja President Bola Tinubu yesterday welcomed World Bank Group’s proposed plan to mobilise about $5.79 billion in private financing for Nigeria. He has also taken steps to attract
President Bola Tinubu has welcomed the World Bank Group’s proposal to mobilise $5.79 billion in private financing for Nigeria, and has outlined a pipeline of 65 bankable projects worth $78.5 billion in investments. The aim of this initiative is to strengthen the foundation for economic growth, expand businesses, and create jobs, with a focus on sectors such as agriculture and digital infrastructure.
Tinubu extended an invitation to Nigerian and international investors to explore the projects, assuring them that his administration will work to resolve obstacles and facilitate the execution of viable investments. The $78.5 billion project pipeline was presented at the Nigeria Investors Forum during the 2026 IMF–World Bank Annual Meetings in Bangkok, with the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and the Governor of the Central Bank of Nigeria, Olayemi Cardoso, leading the presentation.
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