Nigeria in fresh talks with World bank for a new $1 billion loan, is already looking like this current government only program since assuming office is to borrow money.

Tinubu and Apc government have far borrowed Nigeria into serious debt that is country is not even coming out from in near future.

Nigeria in fresh talks

Nigeria is reportedly in talks with the World Bank for a new $1 billion loan aimed at boosting private investment, creating jobs, and diversifying the economy. This news comes as the country grapples with inflation, a declining naira, and widespread public discontent with the government’s economic policies.  Nigeria in fresh talks

According to trusted sources from the Ministry of Finance, the loan is set to be part of the World Bank’s Accelerating Resource Mobilization Reform Program, which is designed to help countries that are making economic reforms to attract private-sector investments. However, there’s a significant divide in public opinion about whether this loan will genuinely benefit Nigerians or just add to the nation’s mounting debt.

In response to the announcement, well-known socio-political analyst Okwy Chris expressed strong criticism of the Tinubu administration, accusing it of “borrowing Nigeria’s future away.” He stated:

Nigeria in fresh talks

“Nigerian youths, take back your country now. Tinubu and his APC cronies have borrowed your futures away, and by January the tax collectors will return with another one. Trust me, this new loan won’t create any jobs — the economy isn’t getting any better under these people.”  Nigeria in fresh talks

His remarks highlight the growing frustration among Nigerians who are facing tough economic conditions, including soaring food prices, rising fuel costs, and a lack of job opportunities. Many are concerned that ongoing foreign borrowing could lead the country into a cycle of long-term debt dependency without any real progress.  Nigeria in fresh talks

Nigeria’s debt situation keeps climbing, with the latest figures from the Debt Management Office (DMO) revealing that total public debt has surpassed ₦121 trillion in 2025. The federal government maintains that borrowing is essential for funding infrastructure and social programs. However, economists are sounding the alarm, warning that the burden of excessive debt servicing is draining resources needed for vital areas like health, education, and security.

On social media, Nigerians are sharing a mix of opinions. Some believe that World Bank loans could offer the fiscal relief the country needs if managed properly, while others, like Okwy Chris, caution that the current administration has demonstrated a lack of accountability in handling previous loans.  Nigeria in fresh talks

As discussions progress, the pressing question lingers: Will this new $1 billion World Bank loan be the lifeline Nigeria’s economy needs, or will it only exacerbate the debt crisis?

Meanwhile; Top 5 undergraduate scholarships currently ongoing in Nigeria, their portals are open for every qualified student to apply and is completely free

Are you a Nigerian student on the hunt for ways to fund your university education in 2025? Well, you’re in luck! Several leading organizations have opened their scholarship portals for undergraduates, providing fantastic opportunities for bright and dedicated students all over the country. No matter if you’re enrolled in a federal, state, or private university, these scholarships can help you pursue your dreams without the stress of tuition or living costs.

In this article, NewsFlashNGR shines a light on the Top 5 Undergraduate Scholarships in Nigeria for 2025 that you can apply for right now.

1. MTN Foundation Scholarship 2025

The MTN Foundation is back with its annual initiative to support outstanding students in Nigerian universities and polytechnics. Continue reading here

Stay tuned for more updates as this story unfolds.

If It’s Loud, It’s NewsFlash!

Don’t forget to share this post and jump into the conversation in the comments.

Follow NewsFlashNGR for more weekly updates on scholarships, grants, and education news.