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W’Bank Plans $250m Health Loan For Nigeria, Sept
World Bank may approve a $250m loan to Nigeria next month under the third phase of its Health Security Programme in Western and Central Africa as the country battles mounting health and economic challenges.
According to an appraisal document published by the global lender, the proposed loan, which is scheduled for board approval on September 23, 2025, will be channelled towards improving Nigeria’s ability to prevent, detect and respond to health emergencies through strengthened systems and regional collaboration.
The World Bank document noted that the objective of the loan project is to “increase regional collaboration and health system capacities to prevent, detect and respond to health emergencies in the Federal Republic of Nigeria.”
The funding, which will come in the form of an International Development Association credit, is expected to be managed by the Nigeria Centre for Disease Control, with the Federal Ministry of Finance serving as borrower.
According to the World Bank document, Nigeria, Africa’s most populous nation with an estimated 223 million people, is facing some of the worst health outcomes globally. Life expectancy remains at a low 54 years, maternal mortality exceeds 1,000 per 100,000 live births, and under-five mortality is 114 per 1,000.
These translate to over 800,000 child deaths and 80,000 maternal deaths annually. The country’s health system is further strained by the growing threat of antimicrobial resistance, which was directly responsible for more than 64,500 deaths in 2019 and associated with over 263,000 others.
Six of Nigeria’s top ten causes of death are infectious diseases, including malaria, HIV and AIDS, tuberculosis and diarrhoeal diseases. These public health concerns are compounded by widespread poverty, weak infrastructure, underfunding and poor human capital development.
The World Bank estimates that 120 million Nigerians, or 54 per cent of the population, were living below the poverty line in 2024. Despite its health crisis, government expenditure on healthcare remains one of the lowest globally at just 0.62 per cent of GDP and 4.1 per cent of general government spending.
This translates to approximately $14 per capita, with less than $3 of that allocated to primary healthcare. As a result, out-of-pocket health spending by households reached 76.24 per cent in 2021, ranking among the highest in the world and severely limiting access to care for millions of Nigerians.
Compounding these challenges is the growing frequency of climate-related disasters, which are predicted to cause $399bn in health-related economic losses by 2050, according to World Bank estimates.
The proposed $250m health facility will be used to improve disease surveillance, laboratory capacity, emergency preparedness and health service continuity during outbreaks.
The project will also expand public health infrastructure, including emergency operations centres across Nigeria’s 36 states and the Federal Capital Territory, and develop a national warehouse for emergency medical supplies.
Part of the funds will also support Nigeria’s efforts to improve pharmaceutical regulation and stimulate local manufacturing of essential medicines in partnership with agencies such as the National Agency for Food and Drug Administration and Control and the National Institute for Pharmaceutical Research and Development.
The World Bank document reveals that Nigeria’s public health response remains fragile despite some improvements. While the country’s overall score in the 2023 Joint External Evaluation of International Health Regulations core capacities rose to 54 per cent from 39 per cent in 2017, significant gaps persist.
Legal frameworks remain inadequate, detection capacity is geographically limited, and logistics for emergency response are weak, especially at the subnational level. Surveillance systems remain fragmented, and critical veterinary and environmental health services lack coordination and funding.
The project aims to improve collaborative surveillance systems by integrating platforms such as the Surveillance Outbreak Response Management and Analysis System for human health and the National Animal Disease Information System for animal health.
Investments will also be made in ICT equipment, training and community-based health services, particularly at the local government level. The initiative will seek to enhance women’s participation in epidemiological training and leadership in response to the gender disparities revealed during past health emergencies such as the Ebola and COVID-19 outbreaks.
While the loan proposal is being finalised, the environmental and social risk of the project has been rated as substantial. Implementation will be coordinated by the NCDC through a National Project Coordination Unit with oversight from a National Steering Committee chaired by the Coordinating Minister for Health and co-chaired by the Ministers of Finance, Environment and Livestock Development.
At the state level, a similar structure will be established, led by the State Commissioner for Health and supported by local coordination units. Only states that meet eligibility requirements, including formal expressions of interest, counterpart funding, and adoption of national health security policies, will be allowed to participate.
Meanwhile, data from the Debt Management Office showed that Nigeria’s total debt to the World Bank rose to $18.23bn as of March 31, 2025. This marks a $420m increase in just three months since December 2024, when Nigeria’s total exposure to the World Bank stood at $17.81bn.
The DMO data showed that borrowings from the International Development Association, the concessional financing arm of the World Bank, rose from $16.56bn in December 2024 to $16.99bn in March 2025.
At the same time, loans from the International Bank for Reconstruction and Development — the non-concessional lending window of the World Bank — remained unchanged at $1.24bn. In total, the World Bank Group now accounts for $18.23bn, or about 39.7 per cent of Nigeria’s total external debt stock, which stood at $45.98bn as of March 2025.
This reflects a marginal increase in the World Bank’s share of the debt portfolio, up from 38.9 per cent recorded in December 2024 and 36.4 per cent at the end of 2023. Further analysis indicates that the World Bank now constitutes 81.2 per cent of Nigeria’s total multilateral debt, which reached $22.43bn in Q1 2025.
This represents a rise from the 79.8 per cent share recorded at the end of 2024 and underlines the central role the institution continues to play in Nigeria’s financing framework.
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SERAP Drags FG To ECOWAS Court Over N78.8bn Cash Transfer
The Socio-Economic Rights and Accountability Project (SERAP) has sued the Federal Government at the ECOWAS Community Court of Justice over alleged diversion, irregular expenditure and failure to account for N78.8bn allocated to cash-transfer and social-protection programmes.
SERAP, in a statement released by its Deputy Director, Kolawole Oluwadare, yesterday, said the allegations involved the Ministry of Humanitarian Affairs and Poverty Reduction, the National Cash Transfer Office and the National Social Safety Nets Coordinating Office.
The allegations were documented in the Auditor-General of the Federation’s 2024 Annual Report, published on August 7, 2026.
According to the report, the findings covered various periods between January 2023 and December 31, 2024.
In the suit, marked ECW/CCJ/APP/42/26 and filed last week, SERAP is seeking a declaration that the government’s failure to account for the funds violates Nigeria’s international human rights obligations.
The organisation is also asking the court to order the government to provide a comprehensive account of the questioned funds, investigate the alleged irregularities, recover any money improperly spent or diverted where established, and strengthen financial oversight of social-protection programmes.
SERAP argued that the alleged financial irregularities could undermine the rights of vulnerable Nigerians to social security and an adequate standard of living, including access to food, clothing and housing.
The statement party read, “The funds were intended to benefit over 3.2 million households across 35 states, whose access to financial assistance has been affected by the allegations made by the Auditor-General.”
The suit, filed by SERAP’s lawyers, Kolawole Oluwadare and Kehinde Oyewumi, stated that the government’s failure to investigate the allegations and recover any improperly spent funds violated its obligations to protect vulnerable households.
“The failure to investigate the N78.8 billion cash-transfer scandal, account for the questioned funds and recover any unlawfully spent amounts violates Nigeria’s obligations to protect the human rights of vulnerable households,” the suit partly read.
The organisation said it instituted the case to protect affected households and ensure accountability for public funds allocated for their benefit.
“SERAP brings this public-interest case to protect the interests of affected households and ensure accountability for public funds allocated for their benefit,” it stated.
The organisation maintained that cash-transfer programmes could help address extreme poverty and enable vulnerable people to meet their basic needs, but argued that the government had a duty to ensure the funds were properly managed.
“The right to social security cannot be effectively realised merely by establishing a formal cash-transfer programme where the State fails to maintain reasonable systems for identifying beneficiaries, maintaining records, reconciling disbursements, monitoring expenditure, investigating irregularities and remedying losses,” the statement further stated.
According to SERAP, the Auditor-General questioned approximately N33.751bn reportedly transferred to more than 3.2 million households across 35 states in 2023, noting that adequate records to verify the payments and reconcile beneficiary records were not provided.
The report also identified N36.744bn in payments allegedly made without prepayment audits, N4.616bn in unsupported expenditures, N350.182m for enrolment, N89.511m for store purchases and N17.422m in diesel advances.
SERAP said the suit was brought under Article 9(4) of the ECOWAS Court Protocol to protect affected households and ensure accountability for public funds intended for social protection.
“The issue is whether the government has discharged its obligations under applicable human-rights treaties to safeguard resources allocated for social protection, investigate documented financial irregularities, provide effective remedies and ensure that those resources are applied for their intended purposes,” it stated.
The organisation also cited the constitutional responsibility of the Auditor-General to audit and report on the public accounts of the Federation and the offices and agencies of the Federal Government, describing the findings in the annual report as important official records of public expenditure.
It relied on Articles 1 and 2 of the African Charter on Human and Peoples’ Rights, arguing that the government had obligations to give effect to protected rights and ensure that failures in administering social-protection programmes did not result in discriminatory exclusion or unequal access to benefits.
“The Nigerian government has the obligation to take effective measures to prevent and address corruption and related misuse of public resources. The government has failed to take appropriate measures in response to the allegations made by the Auditor-General”, the statement added.
SERAP said it had previously urged President Bola Tinubu and relevant authorities to account for the questioned funds, publish audit records, investigate irregular expenditures, recover any funds unlawfully spent or diverted and take appropriate action against those responsible.
Following the publication of the Auditor-General’s report, the organisation issued a public statement and sent a letter dated September 5, 2026, requesting action on the findings. It also sought payment and beneficiary records, verification documents and an explanation for the missing REMITA records.
“The deadline given to the government to address the Auditor-General’s findings had elapsed without adequate action,” it stated.
The organisation further cited Articles 1 and 21 of the African Charter, alongside Article 9 of the United Nations Convention against Corruption, as requiring effective measures to protect rights and resources, promote transparent public financial management, investigate irregularities and recover public funds where losses or improper expenditure were established.
SERAP also relied on the works of legal scholar Kolawole Olaniyan, including Corruption and Human Rights Law in Africa, published by Hart Publishing in 2014, and Ownership of Proceeds of Corruption in International Law, published by Oxford University Press in 2023. It said the publications provided persuasive academic authority on corruption’s effects on human rights, public resources, accountability and international legal remedies.
“SERAP accordingly submits that the Auditor-General’s findings cannot be treated merely as administrative irregularities where public funds allocated for social protection may have been lost, improperly spent or left unaccounted for, and the government fails to take effective corrective action,” the statement added.
SERAP is asking the court to direct the government to conduct an independent, prompt and effective investigation into the identified irregularities, recover public funds improperly spent, diverted or lost where established, and take appropriate legal or administrative action against those found responsible, in accordance with due process.
It also wants the government to strengthen financial accountability, beneficiary verification, auditing, reconciliation and oversight mechanisms to prevent a recurrence of the alleged irregularities and ensure that eligible vulnerable households receive their intended benefits.
The organisation is further seeking an order restraining the government from administering or disbursing cash-transfer and social-protection funds without adequate accountability and oversight mechanisms, as well as appropriate remedies for any established adverse effects on beneficiaries’ protected rights.
No date has, however, been fixed for the hearing of the suit.
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FG releases N38.93bn to upgrade 166 tertiary institutions
The Federal Government has released N38.93bn to 166 public tertiary institutions nationwide under the Needs Assessment Revitalisation Fund to address infrastructure deficits and improve teaching and learning facilities.
The intervention covers 79 universities, 46 polytechnics and 41 colleges of education, with universities receiving the largest share of the allocation.
The Federal Ministry of Finance disclosed this in a statement issued on Sunday by its Head of Media, Efe Ovuakporie, explaining that the funds would support approved projects in beneficiary institutions.
The statement read, “The Federal Government has disbursed N38.93bn to 166 public tertiary institutions nationwide under the Needs Assessment Revitalisation Fund.”
According to the ministry, the university component accounts for N28.5bn, while N5.8bn has been allocated to polytechnics and N4.7bn to colleges of education.
According to the ministry, the university component accounts for N28.5bn, while N5.8bn has been allocated to polytechnics and N4.7bn to colleges of education.
An analysis of the allocations by PUNCH Online showed that universities would receive approximately 73.2 per cent of the announced N38.93bn intervention, making them the largest beneficiaries.
Polytechnics would account for about 14.9 per cent, while colleges of education would receive approximately 12.1 per cent.
The ministry explained that the intervention was intended to address longstanding infrastructure challenges in public tertiary institutions and support the implementation of agreements reached between the Federal Government and the Academic Staff Union of Universities.
It stated, “The intervention forms part of the Federal Government’s efforts to address the needs of public universities and support the implementation of agreed measures under the Memorandum of Understanding between the Federal Government and the Academic Staff Union of Universities.”
The Needs Assessment Revitalisation Fund is designed to support improvements in institutional infrastructure and other identified needs, particularly in public universities, where inadequate facilities have remained a recurring concern in negotiations between the government and academic unions.
The ministry said the latest disbursement would enable beneficiary institutions to begin new projects or continue previously approved interventions aimed at improving their operational capacity.
“The funds are expected to enable beneficiary institutions to commence or advance approved projects addressing critical infrastructure and other identified institutional needs, with the overall objective of strengthening the quality of tertiary education in Nigeria,” it added.
The government also emphasised the need for coordination among the Federal Ministry of Finance, Federal Ministry of Education and beneficiary institutions to ensure that the released funds produced measurable improvements.
It noted that effective collaboration would be necessary to translate the financial intervention into improved infrastructure, institutional capacity and learning conditions.
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Senate Passes Bill For Establishment Of Federal University Of Agriculture In Rivers
The bill to approve the establishment of the Federal University of Agriculture, Emughan, Abua-Odual Local Government Area of Rivers State has passed third reading.
The Bill, titled “A Bill for an Act to Amend the Federal Universities of Agriculture Act, Cap. F22, Laws of the Federation of Nigeria, 2024” was sponsored by Senator Ipalibo Harry Banigo representing Rivers West Senatorial District.
The bill seeks to amend the existing Federal Universities of Agriculture Act to provide for the establishment of the proposed institution in Emughan community in Rivers State.
The passage of the bill by the Senate marks a significant legislative milestone towards the establishment of the proposed university.
When established, the institution is expected to expand access to higher education, promote agricultural research and innovation, develop skilled manpower, and contribute to the economic growth of Rivers State and Nigeria at large.
According to a statement made available to The Tide, the bill, having passed the Third Reading in the Senate, will now proceed to the House of Representatives for concurrence as part of the legislative process towards its enactment into law.
The bill underscores Senator Banigo’s commitment to advancing educational opportunities and strengthening agricultural development in Rivers State.
By: Kevin Nengia
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