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DAILY BUSINESS NEWS BRIEF – World Bank to support Nigeria’s power recovery with $2.6bn

Home   /   NSE-Stats 24/09/2014   /   DAILY BUSINESS NEWS BRIEF – World Bank to support Nigeria’s power recovery with $2.6bn
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Feb

February 19, 2018
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in NSE-Stats 24/09/2014

 

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World Bank to support Nigeria’s power recovery with $2.6bn
The World Bank Group has expressed its willingness to assist the Federal Government’s Power Sector Recovery Programme with $2.6bn.According to the Federal Ministry of Power, Works and Housing, the financial intervention from the bank for the PSRP would help to fully fund historical and future deficits in the power sector.In the PSRP document, the FMPWH explained that the programme was comprised of components/reform actions in four groups of interventions, which include financial, operational/technical, governance and policy interventions.Read More…]

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