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⚡ Federal Government Seals ₦4 Trillion Power Sector Debt Reduction Deal — A Bold Step Toward Financial Stability and Reliable Electricity
The Federal Government of Nigeria has finalised the implementation framework for the ₦4 trillion Presidential Power Sector Debt Reduction Plan, a landmark...
WORLD BANK AND AfDB TO INVEST $7.5 BILLION IN NIGERIA'S POWER SECTOR
1. Investment Overview:
- Total Investment: $30 billion by World Bank and African Development Bank (AfDB)
- Nigeria’s Share: $7.5 billion (approximately 25% of total investment)
2. Purpose and Plan:
- Objective...
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