Nigeria’s outstanding debt to the World Bank is expected to rise to $9.65 billion by the end of 2025, according to new financial projections. The figures cover loans accumulated between 2023 and 2025 for various development projects across the country.
As part of the debt assessment, citizens have been asked to outline the direct benefits they have experienced from government projects funded through these loans. Authorities say the feedback will help evaluate the impact of the interventions and guide future development planning.
The government maintains that the loans were targeted at improving infrastructure, healthcare, education, agriculture, social programs, and economic reforms. However, officials say public input is vital in determining how effectively these projects are translating into real improvements in people’s lives.
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