The World Bank has declared the effectiveness of Additional Financing for the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Programme.
This confirmation follows an official communication from the World Bank dated 9th December 2025, indícatíng that all conditíons for effectiveness have been fully met.
Responding to this development, the National Coordinator of NG-CARES, Dr Abdulkarím Obaje, described the effectíveness of the Additional Financing as a major milestone in the Federal Government’s Renewed Hope Agenda to expand social protection support to poor and vuinerable Nigerians.
He noted that Additional Financing will further catalyse Governments at all levels to deepen and strengthen economic resilience among poor and vulnerable households, smallholder farmers, and small businesses affected by economic shocks.
Dr Obaje stated that with thís approval, States and the FCT can commence full implernentation of NG-CARES by funding Delivery Platforms and Coordination Units, as this will be reimbursable after an independent Verification Agent (IVA).
He reaffirmed that the Federal CARES Support Unít (FCSU) will continue to provide the required technical support, guidance and oversight to ensure smooth rollout and strict adherence to programme standards.
The National Coordinator expressed sincere appreciation to President Bola Ahmed Tinubu for the achievements realised under the NG-CARES programme.
He also acknowledged the leadership and guidance provided by the Minister of Budget and Economic Planning,
Sen. Abubakar Atiku Bagudu, which have significantiy contributed to the notable results achieved so far under the NG-CARES Programme.
The Federal Government further commends the Worid Bank for its sustained partnership and support to Nigeria’s pro-poor and economic inchusion interventions.
The Additional Financing is expected to deepen the reach and impact of NG-CARES interventions across the county and strengthen the national social protection systems.
Under NG-CARES 1.0, the programme directly impacted more than 17 million beneficiaries, supported communities in constructing schools and health facilities, revitalised small businesses, assisted smallholder farmers, provided stipends to youths under the Labour Intensive Public Works (LIPW) scheme, and offered livelihood support to vulnerable households.
The programme also enjoyed strong commitment from the States and the FCT, which collectively invested more than USD 2.2 billion in its
implementation.
NG-CARES remains one of the flagship programmes in the World Bank Nigeria portfolio and has earned a highly satisfactory rating for its performance.
Suleiman Odapu
Information and Communication Officer
