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Tag Archives: Nigeria gets $486m World bank loan to improve Nigeria’s electricity transmission

February, 2018

  • 16 February

    Nigeria gets $486m World bank loan to improve electricity

    The World Bank on Friday approved an International Development Association (IDA) Credit of 486 million dollars for the rehabilitation and upgrading of electricity transmission substations and lines. Ms Olufunke Olofon, Senior Communications Officer, World Bank, Nigeria, in a statement said that the investments would increase the power transfer capacity of the transmission network. The World Bank’s International Development Association (IDA), ...