Tag: $500m World Bank Loan

  • FG Seeks $500m World Bank Loan Days Before 2027 Presidential Inauguration

    FG Seeks $500m World Bank Loan Days Before 2027 Presidential Inauguration

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    by

    Starnews NG
    in

    The Federal Government is seeking a $500m loan from the World Bank to establish an infrastructure financing platform, with approval scheduled for 25 May 2027—four days before the inauguration of Nigeria’s next president. The proposed borrowing comes amid heightened political activity ahead of the 2027 general elections, raising questions about the timing of fresh financial…