World Bank restricts comments after Nigerians flood page over proposed $1.25bn loan

Nationaldailyng | 16-05-2026 11:57pm |

The World Bank has taken the step of restricting comments on its official Instagram page following a significant influx of reactions from Nigerians opposing a proposed $1.25 billion loan. This loan is currently being considered as part of an agreement between the Federal Government of Nigeria and the multilateral lender. The backlash from the public intensified after details surfaced regarding the facility, named Nigeria Actions for Investment and Jobs Acceleration, which has raised concerns among various stakeholders. The decision to limit comments reflects the heightened sensitivity surrounding the loan proposal and the public's response to it.

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