The World Bank has approved $300 million in financing to benefit up to 7.4 million Nigerians living in internally displaced persons (IDP) camps and their host communities in the northern region.
The loan, approved on August 7, 2025, aims to boost resilience and improve access to essential services for both displaced persons and the communities hosting them.
World Bank Country Director for Nigeria, Mathew Verghis, described the initiative as a significant step in addressing the country’s development challenges linked to long-term displacement.
“We are glad to support this initiative, which has a tremendous potential to help Nigeria in addressing development challenges associated with protracted displacement in a sustainable way,” Verghis said.
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