The World Bank has moved to disburse $27 million in performance-based incentives to 20 Nigerian states, rewarding local governments that have met specific governance benchmarks.
The funding is part of the HOPE Governance Programme, a multi-year initiative designed to strengthen public financial management and service delivery across the country.
Five states have been identified as top performers, receiving a combined $15 million of the total allocation.
Five states have been identified as top performers, receiving a combined $15 million of the total allocation.
The remaining funds are distributed among other participating states based on their progress in implementing key reforms.
The incentive structure is intended to accelerate adoption of best practices in budgeting, procurement, and revenue collection.
The disbursement marks a significant milestone in the World Bank’s engagement with Nigerian sub-national governments.