Tag Archives: distribution infrastructure

World Bank Approves $3 Billion Loan for Nigeria To Expand Power Grid

The World Bank has approved a $3 billion loan for Nigeria to expand its electricity transmission and distribution infrastructure. According to TheCable, the loan will be released in four tranches of $750 million each and could be expanded to $4 billion, citing Finance Minister, Zainab Ahmed. She made this known on Sunday while addressing journalists on the…

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