According to a statement released on the bank’s website. the funds aim to uplift underserved communities by improving educational outcomes, expanding nutrition services, and supporting vulnerable households.Traditional Nigerian cuisine
The approved financing includes:
• $500 million for additional funding under the Community Action for Resilience and Economic Stimulus (NG-CARES) Programme
• $80 million for the Accelerating Nutrition Results in Nigeria (ANRIN 2.0) initiative
• $500 million for the Hope for Quality Basic Education for All (HOPE-EDU) project
Originally launched to mitigate the economic effects of the COVID-19 pandemic, the NG-CARES Programme has provided livelihood support, food security services, and grants to over 15 million beneficiaries. With the new funding, the programme will expand to help vulnerable communities cope with economic pressures stemming from the 2023 fuel subsidy removal and foreign exchange rate unification.
Traditional Nigerian cuisine
The initiative will continue delivering social transfers, labour-intensive public works, livelihood grants, and small-business support, reinforcing its role as a shock-responsive safety net.
The Accelerating Nutrition Results in Nigeria (ANRIN 2.0) programme will enhance maternal and child nutrition by improving access to quality nutrition services. It specifically targets:
• Pregnant women
• Lactating mothers
• Adolescent girls
• Children under five
The initiative aligns with Nigeria’s National Development Plan (2021–2025) and the Multisectoral Plan of Action for Food and Nutrition, emphasizing preventive and curative interventions, improved feeding practices, and access to micronutrient-rich foods. Building on its previous success, the programme has already reached over 13 million children between 2018 and 2024.
The HOPE-EDU project aims to strengthen Nigeria’s basic education system by:
• Improving foundational literacy and numeracy
• Increasing access to quality education
• Strengthening education management systems
The initiative is expected to benefit:
• 29 million public primary school pupils
• 500,000 teachers
• 65,000+ public primary schools
Additionally, the programme will address school overcrowding and ensure a more efficient allocation of education resources. The Global Partnership for Education Fund will contribute an extra $52.18 million to HOPE-EDU’s implementation.
A dedicated media professional and passionate contributor at TokinPoint. With a strong background in digital media and public affairs, Levi plays a key role in content creation, editorial planning, and audience engagement. He is committed to delivering accurate and compelling stories that inform and inspire readers across Nigeria and beyond. His interest in politics, development issues, and community voices reflects in his reporting and editorial work. Outside of his responsibilities at TokinPoint, Levi enjoys exploring innovative ways to use media for positive social impact.
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