NEWS
World Bank Pledges Fresh $1.57bn Aid For Nigeria’s Healthcare, Others
In a move to strengthen human capital and enhance climate resilience in Nigeria, the World Bank has approved three major funding initiatives totaling $1.57 billion.
The initiatives will focus on improving healthcare services for women, children, and adolescents, while also boosting the country’s preparedness for climate-related challenges such as floods and droughts through better dam safety and irrigation systems.
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The new funding includes $500 million for the Health and Education Governance Project (HOPE-GOV), $570 million for the Primary Healthcare Provision Strengthening Program (HOPE-PHC), and $500 million for the Sustainable Power and Irrigation for Nigeria Project (SPIN).
Healthcare and Education Improvements
The combined HOPE-GOV and HOPE-PHC programs are set to improve the delivery of essential services in Nigeria’s basic education and primary healthcare sectors, which are critical to human capital development.
Specifically, the HOPE-GOV initiative will tackle governance challenges that have impeded effective service delivery in these sectors.
Key objectives include improving financial and human resource management, enhancing the recruitment and performance of teachers and healthcare workers, and boosting transparency and accountability in the use of public funds.
The HOPE-PHC program, supported by a $500 million concessional credit from the International Development Association (IDA) and an additional $70 million from the Global Financing Facility (GFF), aims to significantly reduce maternal and child mortality by increasing the quality and availability of core reproductive, maternal, newborn, child, and adolescent health services.
The program is expected to benefit 40 million people, especially vulnerable populations.
Climate Resilience and Sustainable Power
The SPIN project is focused on addressing Nigeria’s vulnerabilities to climate change by improving dam safety and optimizing water management for hydropower and irrigation.
By enhancing these critical infrastructures, the program aims to build the country’s resilience to extreme weather events like floods and droughts, while supporting sustainable energy generation.
The Global Financing Facility (GFF) support to Nigeria’s healthcare system includes $11 million coming from the UK Foreign, Commonwealth & Development Office (FCDO) and $12.5 million from the Children’s Investment Foundation Fund (CIFF).
This joint financing with the GFF aims to bridge the funding gap in primary and community healthcare, as well as maternal and newborn care at the hospital level.
The funds will also support the Nigerian government’s efforts to secure sustainable financing for family planning commodities.
SPIN Program to Bolster Climate Resilience and Water Management
The Sustainable Power and Irrigation for Nigeria (SPIN) program will help safeguard Nigerian communities against the impacts of floods and droughts through improved dam safety and operations.
Additionally, it will deliver new and upgraded irrigation and drainage services across 40,000 hectares of land, benefiting up to 950,000 people, including households, farmers, and livestock breeders.
The program is designed to enhance climate resilience and agricultural productivity by making irrigation systems more efficient and reliable.
Under the SPIN project, the Nigerian government will also develop a comprehensive hydropower master plan and structure a public-private partnership for a future hydropower project, further boosting the country’s energy capacity.
Strengthening Human Capital for Long-Term Gains
Dr. Ndiamé Diop, the World Bank Country Director for Nigeria, emphasized the importance of investing in the health and education sectors to improve Nigerians’ future employment prospects, productivity, and earnings, particularly for vulnerable populations.
“This new financing will help tackle the complex challenges that Nigerians—especially women and girls—face in accessing quality services, while also addressing the governance issues that contribute to these difficulties,” said Diop.
He added, “The SPIN program is timely and will protect Nigerians from the adverse effects of floods and droughts, while increasing hydropower generation.
“The positive impact of this project on people and livelihoods is significant, and the World Bank is proud to collaborate with the government and other stakeholders to implement it.”
NEWS
Katsina Cracks Down on Bandits, Bans Fuel Sales in Jerrycans and Motorcycles
The Katsina State Government has announced a series of stringent security measures aimed at tackling the growing menace of banditry and kidnapping across the state.
Governor Dikko Radda unveiled the new directives through an Executive Order issued after an emergency security meeting attended by security agencies, traditional rulers, and key stakeholders.
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According to a statement issued on Tuesday by the Governor’s Chief Press Secretary, Ibrahim Mohammed, the measures are intended to cut off logistics and communication channels allegedly used by criminal groups operating within the state.
Among the new directives is an immediate ban on the sale, purchase, transportation, and storage of petroleum products in jerrycans across Katsina State.
The statement said, “The measure is designed to prevent the diversion of fuel supplies to criminal elements operating in remote locations.”
The government also ordered the immediate closure of all Point of Sale (POS) businesses and commercial phone-charging points in Matazu and Musawa Local Government Areas, citing security reports indicating that such facilities were being exploited by criminal networks.
In addition, the use of motorcycles has been prohibited throughout Matazu and Musawa LGAs. Authorities believe the restriction will significantly disrupt the movement and operations of bandits and kidnappers who frequently rely on motorcycles for transportation.
Explaining the rationale behind the decision, the statement noted, “Security assessments have shown that these facilities are being exploited by criminal networks to facilitate their activities.”
Governor Radda reaffirmed his administration’s commitment to safeguarding lives and property, stressing that the safety of residents remains a top priority.
He assured citizens that the government would continue collaborating with security agencies to restore peace and stability across all parts of the state.
The governor also urged residents to support ongoing security efforts by complying with the new directives and providing useful information to security agencies whenever necessary.
Warning against violations of the order, the government stated that defaulters would face the full weight of the law.
“The Katsina State Government remains committed to taking all lawful and necessary measures to ensure that communities across the state remain safe, secure and conducive to economic and social activities,” the statement added.
International News
Putin Faces New Blow as UK Unleashes 70 Sanctions, Targets Russia’s Shadow Fleet
The United Kingdom has announced 70 new sanctions against Russia, escalating efforts to pressure Moscow into ending its prolonged war against Ukraine.
The measures were unveiled on Tuesday by British Prime Minister Keir Starmer during a special session of the G7 Summit in Evian-les-Bains, France, where leaders of the world’s leading economies gathered to discuss support for Ukraine and ways to increase pressure on the Kremlin.
The latest sanctions target Russia’s so-called “shadow fleet” of oil tankers, military procurement networks, and financial channels allegedly used to bypass existing international restrictions.
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Announcing the move, Starmer reaffirmed Britain’s commitment to working with its allies to weaken Russia’s war capabilities.
“Working with our G7 allies, we will continue to increase the pressure on Putin and his circle of collaborators until Russia’s war machine is brought to a halt and peace returns to our continent,” Starmer said.
According to a joint statement issued by the UK Foreign, Commonwealth and Development Office and the Prime Minister’s Office, the sanctions are aimed at Russia’s “decrepit shadow fleet, military procurement supply chains and illicit finance networks used to circumvent sanctions.”
The statement added that the measures “will choke Russia’s war effort across multiple fronts” by targeting key sectors supporting Moscow’s military operations.
Among those affected are more than 20 oil tankers linked to Russia’s shadow fleet, a network of vessels reportedly used to transport energy products and other assets under different national flags in an attempt to evade sanctions.
The UK government also revealed that Britain has become the first G7 member nation to sanction several Liquefied Natural Gas (LNG) vessels recently acquired by Russia to support its already-sanctioned Arctic LNG project.
The announcement comes shortly after fresh Russian missile and drone attacks struck several locations across Ukraine on Monday, killing at least 11 people and triggering a fire at one of Kyiv’s most significant Orthodox monasteries.
Starmer is expected to urge fellow G7 leaders to take stronger collective action in support of Ukraine.
According to his office, the British leader will tell the summit that “the G7 should collectively go further to ensure Ukraine secures the just and lasting peace it deserves.”
In addition to the sanctions package, the UK government announced a new agreement to provide enriched uranium for Ukraine’s nuclear power stations.
The deal, backed by £210 million ($282 million) in export finance, will allow UK-based nuclear fuel supplier Urenco to deliver enriched uranium to Ukraine’s state-owned nuclear energy company, Energoatom.
British officials said the arrangement is expected to help power Ukraine’s nuclear facilities for the next two years as the country continues to grapple with the impact of the ongoing conflict.
NEWS
Dangote Expects over $4bn Annual Forex Earnings from Fertiliser Exports
The Dangote Group has reinforced its long-standing partnership with the Africa Finance Corporation (AFC) through the signing of a $600 million loan facility to support the expansion of its fertiliser production capacity, an important milestone in advancing food security across Nigeria and the African continent.
The financing, extended to GreenView Fertilizer Corporation (Greenview), the Dangote Fertiliser Holding Company, will partly fund the expansion of urea production capacity in Nigeria as well as the development of a new fertiliser plant in Ethiopia.
This investment forms a key component of the Dangote Group’s broader $7 billion fertiliser expansion programme. The initiative is expected to increase production capacity in Nigeria from 3 million metric tonnes per annum (MTPA) to 9 MTPA, while also supporting the establishment of a new 3 MTPA urea plant in Ethiopia. Upon completion, the programme will significantly boost Africa’s fertiliser output, strengthen regional food security, enhance agricultural productivity, and reduce dependence on imports.
The facility underscores AFC’s strong confidence in Dangote Group’s vision to drive industrial growth and agricultural transformation through large-scale infrastructure investments. The funds will primarily support the ongoing expansion of the Dangote Fertiliser Plant at Ibeju-Lekki, Lagos, one of the largest granulated urea fertiliser complexes in the world.
The expansion is expected to substantially scale up production, improve supply chain efficiency, and ensure consistent availability of high-quality fertilisers to farmers across the continent. It will also contribute to price stability, reduce import dependency, and enhance crop yields, strengthening Africa’s overall food security framework.
Speaking on the development, President of Dangote Group, Aliko Dangote, said the expansion would generate significant foreign exchange earnings for Nigeria. “This investment positions us to deliver over $4 billion annually in fertiliser exports within the next three years. It represents a major contribution to Nigeria’s foreign exchange earnings and underscores our commitment to national economic growth.
“Our growth vision is not in isolation, we are building alongside strategic African partners like AFC and other institutions committed to the continent’s progress.”
Also commenting on the transaction, President and CEO of Africa Finance Corporation, Samaila Zubairu, highlighted the strategic importance of the deal: “This transaction reflects AFC’s capital recycling model in action. Following the successful repayment of our earlier investment in Dangote Industries Limited, we are reinvesting and doubling that capital into Dangote Group’s next growth phase.
By supporting the expansion of Dangote Fertilizer, AFC is backing a proven African industrial leader whose investments will strengthen food security, reduce import dependence, and create long-term economic value across the continent.”
This development builds on AFC’s strong track record of successful investments and exits across Africa, including projects in renewable energy, port infrastructure, digital connectivity, and industrial platforms.
ALSO READ: Food Security: AFC Deepens Partnership with Dangote Group with $600m Loan for Fertilizer Expansion
The Dangote Fertiliser Plant currently plays a critical role in meeting domestic demand while exporting to international markets, thereby generating valuable foreign exchange for Nigeria. With this new phase of expansion, the company is poised to consolidate its leadership position in the global fertiliser market while advancing Africa’s agricultural and economic resilience.






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