The north-east of Nigeria, long plagued by conflict between the government and Boko Haram militants, will receive $2bn in aid from the World Bank, according to President Muhammadu Buhari.
Speaking in Washington, after talks with officials from the World Bank, Buhari said priority ust be given to rebuilding infrastructure and helping those displaced by the conflict.
In a statement published earlier today, Mr Buhari urged the World Bank to send a team to Nigeria to assess how to spend the funds.
The money is expected be given in the form of a loan which will be interest-free for the first 10 years.