{
  "id": 13930682,
  "title": "World Bank targets $5.79 billion for Nigeria, bets on 850,000 jobs",
  "url": "https://urgent.news/2026/10/12/world-bank-targets-5-79-billion-for-nigeria-bets-on-850-000-jobs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T10:10:30.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/12/world-bank-targets-5-79-billion-for-nigeria-bets-on-850000-jobs/"
  },
  "original_language": "en",
  "account": "The World Bank is mobilising up to $5.79 billion in private financing for Nigeria in the fiscal year 2026, with a focus on creating around 850,000 direct and indirect jobs. This financing drive encompasses investments in digital infrastructure, agriculture, telecommunications, and small-business development. The Broadband Infrastructure Development (BRIDGE) Project aims to expand affordable broadband access to 150 million people by 2030, up from 92 million in 2025. The initiative plans to connect public schools, health facilities, and local government offices, benefiting 42 million young people and 15 million women. The Financial Inclusion for Nigeria (FINCLUDE) programme seeks to mobilise nearly $1.89 billion in private financing and generate 850,000 jobs by supporting micro, small, and medium-sized enterprises in employment-intensive sectors. The Agricultural Value Chains for Growth (AGROW) Project aims to assist one million smallholder farmers, particularly women and young people, with investments to enhance access to agricultural inputs and productivity. The World Bank's intervention follows economic reforms in Nigeria since mid-2023, including reforms to foreign exchange management, public finances, and fuel subsidies, which have created more predictable conditions for investment.",
  "summary": "The World Bank Group says it is helping mobilise up to $5.79 billion in private financing for Nigeria in fiscal year 2026, with one of its major programmes expected to support about 850,000 direct and indirect jobs. The post World Bank targets $5.79 billion for Nigeria, bets on 850,000 jobs appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nairametrics",
        "title": "Dollar trading in Nigeria nearly doubles to $3.37 billion in one week",
        "url": "https://urgent.news/2026/10/12/dollar-trading-in-nigeria-nearly-doubles-to-3-37-billion-in-one-week",
        "published": "2026-10-12T10:41:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}