The World Bank is helping to fight poverty and improve living standards for the people of Nigeria. As of August 2007, the World Bank had approved 123 IBRD loans and IDA credits to Nigeria for a total amount of about US$9.5 billion. The commitment value of the 23 ongoing projects is about US$2.67 billion. The 23 active projects are in all the major sectors. For more information on how the World Bank is supporting Nigeria, please refer to the Overview.