FG Seeks $500m World Bank Loan Days Before Tinubu’s Term Ends

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The Federal Government is seeking a $500m World Bank loan for a new infrastructure financing platform. The bank’s project document lists 25 May 2027 as the expected approval date, four days before Nigeria’s scheduled presidential inauguration. The proposal has not been approved, and the timetable could change. Approval would not necessarily mean immediate disbursement.

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