The World Bank has scheduled December 16, 2025, as the tentative approval date for a new $1 billion Development Policy Financing (DPF) loan to Nigeria.
The funding falls under a new initiative titled “Nigeria Actions for Investment and Jobs Acceleration (P512892),” designed to support the country’s economic reforms and boost job creation through strategic investment programs.
According to preliminary documents from the global lender, the DPF aims to stimulate private sector growth, improve investment climate conditions, and enhance employment opportunities across key sectors of the Nigerian economy.
This fresh facility comes as Nigeria continues to grapple with fiscal challenges, sluggish job growth, and the impact of ongoing structural adjustments following fuel subsidy removal and foreign exchange reforms.
If approved, the new loan would mark another significant intervention by the World Bank in Nigeria’s economic recovery plan, with disbursements expected to support budget financing and policy reforms targeted at economic stabilization and job creation.