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Nairametrics
Home Companies

Lagos, World Bank, FCMB Advance $500m Drive for Inclusive Education and Healthcare

NM Partners by NM Partners
April 9, 2026
in Companies, Corporate Updates
FCMB partner

From left: National Head of Sales, First City Monument Bank (FCMB), Mr. Emmanuel Comla; Senior Procurement Specialist at the World Bank, Mr. Akin Onimole; First Lady of Lagos State, Mrs. Ibijoke Sanwo-Olu; Governor Babajide Sanwo-Olu of Lagos; A Development Partner at UNICEF, Celine Lafoucriere, and Deputy Governor of Lagos, Mr. Obafemi Hamzat, at the presentation of Lagos State’s strides in the implementation of the World Bank’s HOPE-GOV programme in governance, primary health and basic education. The ceremony was held at the Lagos House, Marina in Lagos.

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In classrooms and primary health centres across Lagos, a quiet shift is underway, one that is beginning to change how public services are delivered and experienced.

The Lagos State Government, the World Bank and First City Monument Bank (FCMB) are advancing the Human Capital Opportunities for Prosperity and Equity–Governance (HOPE-GOV) programme.

This $500 million initiative is designed to strengthen the systems behind basic education and primary healthcare in Nigeria.

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Backed by the Federal Government and operating across all 36 states and the Federal Capital Territory, the programme focuses on improving resource management and outcome measurement. Funding is tied not to plans, but to verified progress. For Lagos, the shift is already taking shape.

At a public presentation on the state’s progress in implementation, Governor Babajide Sanwo-Olu pointed to early gains. He highlighted improvements in education and healthcare delivery, driven by a shift from input-based spending to performance-led outcomes.

“For us in Lagos, this is about people,” he said. “It is about ensuring that a child has access to the right learning materials, that a mother receives quality care at a primary health centre, and that public resources are managed transparently for all to see.”

The changes are rooted in systems that are less visible but more decisive procurement processes that work, funding that follows results, and institutions that are held to clear standards.

According to Akin Onimole, Senior Procurement Specialist at the World Bank, the programme addresses long-standing structural gaps in service delivery. He noted that Lagos has shown a strong commitment to strengthening its procurement and institutional frameworks. These efforts help translate reform into practical outcomes.

FCMB supports the programme’s fund flows. The bank says its role reflects a broader commitment to expanding access and opportunity.

“We are working with our partners to open up more opportunities for children and communities,” said Yemisi Edun, Managing Director/Chief Executive Officer of FCMB. “By supporting education and primary healthcare, we are contributing to a system where more people can participate and progress.”

Since 2025, HOPE-GOV has united government and private sector capacity around one goal: improving human capital to make public systems work better. The key results will take time to fully materialise, but the direction is clear—stronger systems, deeper accountability and services that deliver consistent value to people.

NM Partners

NM Partners

NM Partners features content from corporate organizations, institutions, and other stakeholders. Some posts are sponsored. Publication does not imply endorsement. Views expressed are solely those of the contributors. For more details, please see our Nairametrics Media Partnership Guidelines or contact info@nairametrics.com.

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