World Bank to Help Create Jobs in Nigeria

The World Bank will help create 100,000 jobs in Nigeria under a new agreement it recently signed with the African country.

The project will be carried out through the Nigerian Growth and Employment Pact and is also supported by the U.K. Department for International Development.

Under the agreement, the World Bank will help finance the creation of jobs in Nigeria’s construction, meat, leather, tourism, entertainment and information and communication technology industries, Next reports.

In addition to job creation, the Nigerian Growth and Employment Pact aims to boost economic growth and investments in the country.

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.