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The World Bank has allocated $40 million to support the expansion of financial protection for poor and vulnerable Nigerians under a new loan-backed health program. The program, titled Human Capital Opportunities for Prosperity and Equality – Health Programme-for-Results (HOPE-Health-PforR), was approved on September 26, 2024, and includes a $500 million credit facility from the International Development Association and a $70.01 million grant from the Global Financing Facility.
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The $40 million allocation is tied to Disbursement Linked Indicator 3 (DLI 3), which aims to increase financial protection for poor Nigerians through health insurance and related schemes. According to the World Bank, the disbursement will be contingent upon meeting specific targets and verification.
The HOPE-Health program aims to improve access to quality essential healthcare services, strengthen maternal and child health, and expand digital infrastructure. The program will also support the deployment of public health fellows to all 774 Local Government Areas and implement institutional reforms at the federal and state levels.
The World Bank’s Africa’s Pulse report for April 2025 projected that poverty is expected to rise by 3.6 percentage points in Nigeria by 2027, citing weakening oil prices and fragile governance structures. Meanwhile, the Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Yilwatda, revealed that six million Nigerians have benefited from the Federal Government’s Conditional Cash Transfer program within the past six months.
“We are currently digitising all households on the social register, providing them with digital identities, creating e-wallet accounts, and conducting physical verification,” Yilwatda said. The minister added that 15 million Nigerians are expected to be enrolled in the program by October, with the President directing that funds be disbursed to beneficiaries within nine months.
The World Bank’s independent verification team confirmed that the Conditional Cash Transfer program’s beneficiaries were accurately identified, with 96% of recipients verified in person. The team visited beneficiaries’ homes and met with them to confirm their participation in the program
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