The World Bank is set to approve two major loans totaling $750 million for Nigeria on Tuesday, September 30, 2025, according to information published on its official website.
The financing package includes a $500 million facility for the Building Resilient Digital Infrastructure for Growth in Nigeria (BRIDGE) project and a $250 million loan under the Health Security Programme in Western and Central Africa, Nigeria – Phase II.
The BRIDGE project, led by the Ministry of Communications, Innovation and Digital Economy, is designed to expand broadband access to underserved and rural communities. With an overall cost of $1.6 billion, the initiative will receive $500 million in concessional credit from the World Bank’s International Development Association, with the balance expected from private sector partners.
The programme aims to deliver climate-resilient broadband infrastructure and support Nigeria’s ambition of becoming a digitally inclusive economy. Communications Minister Dr. Bosun Tijani recently unveiled the technical design for Project BRIDGE — a $2 billion fibre-optic expansion that will extend Nigeria’s broadband network from 35,000 to more than 125,000 kilometres. The rollout will include seven national fibre rings, 37 city-level loops, 77 regional networks, and several edge data centres.
The second loan, valued at $250 million, will support Phase II of the Health Security Programme. Nigeria’s portion of this regional initiative will be coordinated by the Nigeria Centre for Disease Control and Prevention and overseen by the Federal Ministry of Finance. The programme is aimed at strengthening the country’s capacity to prevent, detect, and respond to pandemics and other public health emergencies.
Both projects are listed in the World Bank’s active pipeline, with negotiations at advanced stages ahead of the board’s scheduled approval.
Source:Africa Publicity
