Stats: 3,189,637 members, 7,937,896 topics. Date: Monday, 02 September 2024 at 01:53 PM |
Nairaland Forum / Nairaland / General / Investment / World Bank Approves $486 M Credit To Nigerian Power Grid Work (446 Views)
Do You Know You Can Invest On Solar Power Grid And Make Money Every Hour / Qualitative Water Supply To Receive A Boost As African Development Bank Approves / Power Sector: World Bank Approves $3bn Loan For Nigeria (2) (3) (4)
(1) (Reply)
World Bank Approves $486 M Credit To Nigerian Power Grid Work by LarryBeryl(m): 11:55am On Feb 16, 2018 |
World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday. “The investments under the Nigeria Electricity Transmission Project will increase the power transfer capacity of the transmission network and enable distribution companies to supply consumers with additional power,” the World Bank said. Nigeria’s power sector is often criticised by economists for holding back the country’s economic growth. Businesses and households are subject to frequent blackouts, and many depend on their own generators that are expensive to run. Source: https://www.dailytrust.com.ng/world-bank-approves-486-m-credit-to-nigerian-power-grid-work.html |
(1) (Reply)
Be A Land Owner With Just #600,000 In LEKKI / MMM Finally Ends Operations And Shut Down System / Noting Is More Easier Than This.
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8 |