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The Sustainable Power and Irrigation for Nigeria (SPIN) Project, launched by the Federal Government, is a $500 million initiative backed by the World Bank. It focuses on enhancing irrigation systems, improving dam safety, and increasing hydropower generation, thus addressing food security and economic growth.

The project, aligned with President Bola Tinubu's Renewed Hope Agenda, aims to reduce reliance on rain-fed agriculture and prepare for climate change impacts. It includes four components: strengthening water resources management, modernizing irrigation, enhancing dam operations, and improving project management. As of October 27, 2025, the project has been declared effective, with 26 states meeting eligibility requirements.