Nigeria secures $62.8m Kuwait education loan

Nigeria secures $62.8m Kuwait education loan

Nigeria has secured a 62.8 million dollar concessional loan from the Kuwait Fund for Arab Economic Development to strengthen climate-resilient school infrastructure, enhance teacher training and expand access to inclusive education nationwide.

The Federal Government disclosed the development in Abuja during celebrations marking Kuwait’s 65th National Day and 35th Liberation Day.

Permanent Secretary of the Ministry of Foreign Affairs, Ambassador Dunoma Ahmed, represented by Ambassador Bukar Buni Hamman, Director of the Regions Department, said the financing agreement signed in 2025 reflects the growing depth of Nigeria–Kuwait relations and a shared commitment to human capital development.

Ahmed explained that the facility will be deployed to upgrade school infrastructure to withstand climate-related risks, build teacher capacity and improve access to quality education for girls and children with disabilities.

“Kuwait has remained a trusted development partner. Our cooperation has moved beyond formal ties to practical interventions that directly address Nigeria’s social and economic priorities,” he said, noting that bilateral diplomacy is increasingly delivering measurable social impact.

He added that both countries are expanding engagement in agriculture, food security, renewable energy, infrastructure development and digital connectivity, while subnational governments in Nigeria are positioning to attract Kuwaiti investment.

Kuwait’s Ambassador to Nigeria, Mr. Salim Almuzayen, described the occasion as a celebration of enduring partnerships built on mutual respect and sustainable development goals.

He highlighted the “Reaching Out-of-School Children” initiative in Kaduna State — funded by the Kuwait Fund in collaboration with UNICEF — as a flagship project of bilateral cooperation. The programme aims to reintegrate more than 200,000 out-of-school children into the formal education system.

Almuzayen said Kuwait’s global development strategy is anchored on moderate foreign policy principles and long-term shared prosperity. Since its establishment in 1961, the Kuwait Fund has financed projects in more than 100 countries across critical sectors, including education, healthcare and infrastructure.

The 62.8 million dollar facility is expected to provide significant momentum for Nigeria’s education reform agenda, particularly as climate adaptation and inclusive access remain central to national policy priorities.

Stakeholders said the agreement signals a maturing bilateral relationship increasingly defined by tangible development outcomes rather than symbolic diplomacy.

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