The World Bank Group has pledged to strengthen its partnership with the Federal Government of Nigeria, unveiling plans for a nationwide 90,000-kilometre fibre optic project to expand digital broadband access across the country.
Anshula Kant, Managing Director and Chief Financial Officer of the World Bank, made the commitment during a courtesy visit to President Bola Tinubu in Abuja on Wednesday.
Kant noted that the Bank is developing a major multi-sectoral programme with Nigeria, covering energy, agribusiness, education, health, and, most prominently, digital infrastructure.
“One of the biggest forthcoming projects will be in the digital space—providing digital broadband access across the country,” Kant said.
“We are working very closely with the government to deliver transformative results in several areas.”
Kant emphasized a strong alignment between Nigeria’s national development priorities and the World Bank Group’s mission to promote inclusive growth on a livable planet.
“Some of our key priorities and Nigeria’s priorities resonate well. We are focused on accelerated growth and better jobs for young people, built on access to energy, digital services, quality education, and healthcare,” she said.
She stressed that human capital development is essential for sustained economic progress, alongside investments in physical infrastructure—particularly in emerging sectors such as agricultural productivity and financial inclusion.
The World Bank executive praised President Bola Tinubu’s administration for implementing bold macroeconomic reforms, noting that early signs of progress are already evident.
Kant said these reforms have positioned Nigeria well for increased support and long-term economic growth.
“Nigeria is on the right path. The World Bank is committed to helping the country unlock faster economic development and create the jobs and opportunities its population needs.”
The meeting underscored the strategic collaboration between Nigeria and the World Bank, with upcoming projects expected to deliver tangible improvements in digital access, sectoral productivity, and living standards across the country.
