The World Bank has approved $300 million in financing to assist up to 7.4 million Nigerians living in internally displaced persons (IDP) camps and their host communities across Northern Nigeria.
The approval, granted on August 7, 2025, was announced in a statement on Monday. The facility aims to strengthen resilience and expand access to essential services for communities grappling with the effects of prolonged displacement.
World Bank Country Director for Nigeria, Mathew Verghis, described the initiative as a vital step towards tackling the deep-rooted challenges linked to displacement in the country.
“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.
The funding is expected to bolster social infrastructure, improve living conditions, and foster long-term stability in some of Nigeria’s most vulnerable communities.
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