Nigeria, Oct. 12 -- The World Bank Group is pursuing efforts to attract up to $5.79 billion in private-sector financing for Nigeria, with investments expected to boost infrastructure development, strengthen key industries and generate about 850,000 jobs.

The institution disclosed this in a report released on Sunday, detailing financing initiatives and investment opportunities across agriculture, telecommunications, small businesses and other sectors considered vital to Nigeria's economic growth.

The report, titled "Unlocking $5.79 Billion in Private Financing", examined how government policy reforms, private investments and financial support mechanisms could work together to address the country's development needs.

According to the Wo...