Nigeria secures $750m World Bank loan for broadband expansion, health security – Newstrends
Connect with us

News

Nigeria secures $750m World Bank loan for broadband expansion, health security

Published

on

Nigeria secures $750m World Bank loan for broadband expansion, health security

The World Bank will on Tuesday, 30 September 2025 approve two loans totalling $750 million for Nigeria, targeting health security and a massive digital infrastructure rollout.

The package includes $500m for the Building Resilient Digital Infrastructure for Growth in Nigeria (BRIDGE) project and $250m for Phase II of the Health Security Programme in Western and Central Africa, Nigeria.

The BRIDGE initiative, spearheaded by the Ministry of Communications, Innovation and Digital Economy, is designed to connect millions in underserved areas. With a price tag of $1.6bn, it will be financed through concessional credit and private investment.

Minister Bosun Tijani described BRIDGE as “the most ambitious and foundational digital infrastructure project in Nigeria’s history,” pointing to a fibre-optic network expansion from 35,000km to 125,000km. The rollout will include seven national rings, 37 city loops, 77 regional networks and multiple edge data centres, managed through a special purpose vehicle where the federal government holds a 51% stake.
READ ALSO:
The second loan, worth $250m, will be managed by the Nigeria Centre for Disease Control and Prevention (NCDC) and the Federal Ministry of Finance. It aims to strengthen Nigeria’s ability to detect, prevent, and respond to pandemics, while improving regional cooperation across West and Central Africa.
The World Bank said the initiative will build stronger surveillance systems and emergency response mechanisms, citing lessons from COVID-19 and other recent health crises.

Borrowing Debate

Nigeria has secured $8.4bn in World Bank loans between June 2023 and August 2025, spanning health, energy, education, governance and rural development.

But opinions remain divided. Lagos-based analyst Adewale Abimbola argues borrowing is positive “if it’s concessionary and tied to viable, revenue-generating projects.”

By contrast, economist Dr Aliyu Ilias warns of a mounting debt crisis. Nigeria’s public debt has jumped from N87tn under Buhari to N149tn today, with projections of N180tn soon. He asked: “Why are we borrowing more when revenues from tax and subsidy removal have risen? The debt burden is clearly squeezing funding for essential services.”

According to the Debt Management Office, Nigeria owes the World Bank $18.23bn as of March 2025, nearly 40% of the country’s external debt.

Nigeria secures $750m World Bank loan for broadband expansion, health security

News

Akpabio sues Natasha for ₦200bn over sexual harassment allegations

Published

on

Senator Natasha Uduaghan and Senate President Godswill Akpabio

Akpabio sues Natasha for ₦200bn over sexual harassment allegations

Senate President Godswill Obot Akpabio has instituted a ₦200 billion defamation lawsuit against Senator Natasha Akpoti-Uduaghan, accusing her of spreading malicious sexual harassment allegations that he says have severely damaged his public image.

According to documents filed before the High Court of the Federal Capital Territory, Abuja, Akpabio is seeking substantial damages, public retractions, and nationwide broadcast apologies. He argues that Senator Akpoti-Uduaghan’s televised, radio, and online interviews portrayed him as a sexual predator who abused his office for personal gratification—claims he insists subjected him to widespread ridicule and reputational harm.

The lawsuit includes a comprehensive statement of claims and a list of witnesses. Akpabio is also asking the court to compel the removal of all online materials containing the disputed allegations and to order repeated public apologies across major media outlets.

READ ALSO:

A court order issued on 6 November 2025 granted permission for substituted service through the Clerk of the National Assembly after initial attempts to reach Senator Akpoti-Uduaghan directly were unsuccessful. The case is now moving forward and is expected to become one of the most closely watched political legal battles in Nigeria.

Responding on 5 December 2025, Senator Natasha Akpoti-Uduaghan confirmed receipt of the suit and expressed readiness to defend her allegations before a competent court. She stated that she had previously been prevented from presenting a petition before the Senate Committee on Ethics and Privileges due to claims that a related case was already in court—an action she believes protected the Senate President from legislative scrutiny.

In a strongly worded response, the Kogi Central senator maintained that the court proceedings will finally provide the platform to substantiate her claims. She reiterated her stance that she experienced sexual harassment and that her refusal to comply with the alleged advances prompted sustained political retaliation.

See you in court, Godswill Akpabio,” she declared.

Akpabio sues Natasha for ₦200bn over sexual harassment allegations

Continue Reading

News

NLC threatens nationwide protests as insecurity worsens, withdraws support for Labour Party

Published

on

NLC threatens nationwide protests as insecurity worsens, withdraws support for Labour Party

The Nigeria Labour Congress (NLC) has warned that it will no longer remain passive as criminal gangs intensify violent attacks across the country, declaring its readiness to hold a national day of mourning and mobilise nationwide protests over the escalating insecurity in Nigeria.

Speaking at the opening of the NLC’s National Executive Council (NEC) meeting in Lagos, NLC President Joe Ajaero said the country was “under siege,” condemning the latest school kidnapping and the reported withdrawal of security personnel before the attack. He demanded a full investigation to expose any possible compromise within the nation’s security architecture.

“The NLC cannot stand idly by and allow criminals to take over our country—never again. We want to know who ordered the withdrawal of security operatives from that school. We will not allow kidnappers and bandits to overrun our nation,” Ajaero said.

READ ALSO:

He stressed that the labour movement would soon announce details of the planned protests and national mourning, insisting the lives of teachers, students and workers were in grave danger. “It is getting out of hand. We can no longer bear this,” he added.

Ajaero also revealed that the NLC had withdrawn its representatives from the Labour Party, accusing them of pursuing personal interests rather than representing workers.

Human rights lawyer Femi Falana, SAN, who addressed the meeting, warned that the country was in “serious trouble” over rising kidnappings and attacks. He rejected calls for foreign military intervention, cautioning that such a move would undermine Nigeria’s sovereignty.

Falana criticised recent statements by former U.S. President Donald Trump, describing them as unacceptable. He urged President Bola Tinubu to take decisive action to protect citizens, saying: “We want to let the world know that we are not a conquered people.”

He called on labour unions, civil society organisations and Nigerians to prepare to resist any further decline in national security.

NLC threatens nationwide protests as insecurity worsens, withdraws support for Labour Party

Continue Reading

News

Boris Johnson Hails Kemi Badenoch as “Future UK Prime Minister” During Visit to Nigeria

Published

on

Boris Johnson Hails Kemi Badenoch as “Future UK Prime Minister” During Visit to Nigeria

Former British Prime Minister Boris Johnson has praised UK Conservative Party leader Kemi Badenoch, describing her as a “future Prime Minister of the United Kingdom” during his visit to Nigeria for the Imo State Economic Summit 2025.

Speaking in Owerri, Imo State, on Thursday, Johnson commended Governor Hope Uzodimma for his efforts to boost economic development and improve security, noting that he felt “perfectly safe” despite earlier warnings about Nigeria’s security situation.

Johnson highlighted the state government’s push to deliver 24-hour electricity, stressing that reliable power and clean, sustainable energy are essential for economic growth as the world moves into an Artificial Intelligence (AI)-driven future.

READ ALSO:

He also emphasized the strong historical and economic ties between Nigeria and the United Kingdom, praising the exchange of goods, services, and highly skilled professionals between both countries.

In a humorous remark that sparked applause, Johnson said: “We send you former UK prime ministers, and you send us future UK prime ministers in the form of Kemi Badenoch.”

The summit, attended by Vice President Kashim Shettima, former UN Secretary-General Ban Ki-moon, business mogul Aliko Dangote, and other top government and private-sector leaders, focused on strategies to accelerate Imo State’s economic transformation.

Boris Johnson Hails Kemi Badenoch as “Future UK Prime Minister” During Visit to Nigeria

Continue Reading
HostArmada Affordable Cloud SSD Shared Hosting
HostArmada - Affordable Cloud SSD Web Hosting

Trending