Nigeria to repay $500m health loan in 25 years – W’Bank

The Federal Government will begin repaying a $500m concessional loan secured from the International Development Association from 2029 to 2054.

This is according to a financing agreement signed between Nigeria and the World Bank’s lending arm, which was obtained by Sunday PUNCH.

The loan, which falls under the Nigeria Primary Healthcare Provision Strengthening (also referred to as HOPE-PHC) Programme, is aimed at improving the country’s…