Wednesday, July 1, 2026

World Bank backs Nigeria 2026–2032 plan with $1.25 billion to spur jobs, private investment

The World Bank Group has approved a new long-term partnership strategy for ​Nigeria alongside $1.25 billion in financing, aiming ‌to drive job creation and economic growth by unlocking private sector investment and expanding ​access to energy, digital, and agricultural ​services.

The World Bank Group approved a ⁠2026–2032 Country Partnership Framework for Nigeria ​and $1.25 billion financing package aimed at driving ​job creation through private sector–led growth.

The strategy builds on recent reforms that have lifted growth, revenues ​and reserves, and aims to translate ​gains into broader living standards.

Targets expanded access: energy ‌for ⁠32 million people, broadband for 58 million, better health and nutrition for 40 million and support for 9.5 million farmers.

Financing ​backs reforms ​to ⁠deepen capital markets, modernise digital regulation, expand electrification, ease regional ​trade, improve farm inputs and boost ​domestic ⁠revenues.

Officials say unlocking private investment and tackling structural constraints - supported by guarantees and ⁠policy ​reforms - is key to ​sustaining growth, resilience and poverty reduction.

By MacDonald Dzirutwe, Reuters

269 Nigerians return home from South Africa ahead of protest deadline

 

A total of 269 Nigerians evacuated from South Africa were airlifted to the southwestern state of Lagos on Tuesday, according to a statement by Nigeria's Ministry of Foreign Affairs.

Kimiebi Ebienfa, spokesperson for the ministry, said that officials from the Nigerian Mission in South Africa accompanied the group of 269 evacuees. Last Wednesday, another 66 Nigerians returned aboard a South African Airways flight arranged by a Nigerian benefactor.

Ebienfa said the evacuation process remains ongoing, with more Nigerians having been screened and cleared for repatriation in the coming days.

The returnees will undergo documentation, profiling and medical screening before receiving temporary accommodation and other assistance ahead of reunification with their families.

South Africa has recently witnessed a wave of anti-immigration protests, with organizers citing unemployment, crime and pressure on public services as major concerns.

Some anti-immigration groups have called on undocumented foreigners to leave the country by June 30 and have threatened to stage nationwide protests if their demands are not met.

The first batch of 258 Nigerian nationals evacuated from South Africa arrived in Lagos on June 11.


More than 30 students remain missing after Nigeria school attack

At least 37 students remain missing after gunmen raided their school in northeast Nigeria, according to local officials.

The attack occurred on Monday when assailants from the Islamic State West Africa Province (ISWAP) group stormed a secondary school in the town of Lassa, in Borno State, which has faced years of violence by armed groups.

The AFP news agency reported on Tuesday that at least 37 students remain missing following the attack, which occurred while they were sitting exams.

At least three people were killed in the attack, including a soldier and a teacher, according to the military, who initially said that authorities had rescued 10 of them and that only one remained missing.

The “list of students in captivity”, showing the students’ genders and their parents’ mobile phone numbers, was shared with journalists by the area’s local government councillor, Ijagla Ijabila.

An intel source also showed AFP the same list.

Borno Commissioner for Education Lawan Abba Wakilbe told reporters in Lassa that 25 female students, 11 male students and one staff member were still being held, reported the Reuters news agency.

Abba Wakilbe added that eight people, including the school’s vice principal, have been freed.

Kidnapping for ransom, especially of students, has become a common tactic for both armed groups and non-ideological “bandit” gangs operating across the country’s conflict-hit north and centre.

While the 2014 kidnapping of hundreds of schoolgirls from the town of Chibok by members of Boko Haram remains Nigeria’s most infamous, school abductions continue to be prevalent across the country.

In May, gunmen kidnapped more than 40 pupils – who remain in captivity – from Borno State’s Mussa village.

That same month, armed men rounded up dozens of schoolchildren from three schools in Oyo State – a rare attack in southwest Nigeria, considered to be the safest region in the country.

Nigeria has been fighting an armed uprising since 2009, concentrated in the northeast.

While violence has waned since the peak of the conflict a decade ago, analysts have warned of an uptick in attacks since last year.

By AFP and Reuters