Sovereign Financing · OP-014 · Confidential

Development Policy Financing — US$1.5bn envelope

Negotiation
World Bank Group · sponsor Aisha Bello · Federal Ministry of Finance
Potential value
US$1.5bn
estimate · 2 tranches
Realised value
—
awaiting Board approval
Linked commitments
2
Open actions
2
Next action due
16 Oct
Stage & next action
  1. Identified
  2. Qualified
  3. 3Negotiation
  4. 4Committed
  5. 5Realised
Share updated reform matrix with WBG team
Due 16 Oct 2026 · owner Aisha Bello
Description & details

Two-tranche DPF supporting fiscal, energy-subsidy and social-protection reforms. Tranche 1 US$800m on effectiveness; tranche 2 US$700m against subsidy-reform and social-protection milestones.

Category
Sovereign Financing
Stakeholder
World Bank Group
Counterpart
Léa Fontaine
Sponsor / owner
Aisha Bello
Institution
Federal Ministry of Finance
Linked priority
#2 Sovereign & development financing
Source meeting
IMF/WBG — Country Partnership Meeting
Created
12 Oct 2026 · Aisha Bello
Linked commitments & actions
RecordOwnerDueStatus
WBG to table a US$1.5bn DPF envelope for Board consideration in Q1 2027Aisha BelloAisha BelloFMFQ1 2027Open
Nigeria to share the updated reform matrix and social-protection roll-out planAisha BelloAisha BelloFMF16 Oct 2026In progress
Share Nigeria's fiscal policy reform details with WBG teamAisha BelloAisha BelloFMF16 Oct 2026In progress
Prepare concept note for WB technical assistanceAlhaji Ibrahim DanladiAlhaji Ibrahim DanladiNIPC18 Oct 2026In progress
Materials
PDF
DPF concept note — draft 2.pdf
2.1 MB
XLS
Reform matrix v4.xlsx
318 KB
DOC
WBG Board calendar note.docx
84 KB
Activity
Aisha Bello
Aisha Bello moved the stage to Negotiation after the 10:00 meeting
Today 11:02
Ngozi Okafor
Ngozi Okafor linked commitment CM-011
Today 11:05
David Adeola
David Adeola attached the DPF concept note draft 2
Yesterday 17:40
Aisha Bello
Aisha Bello created the opportunity from M-001
Sun 12 Oct