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Nigeria: Nigeria Gets Fresh U.S.$200 Million Loan
Guardian, 3 December 2018
The Nigerian government has been granted a sum of $200 million loan for the funding of the country's Electrification Project (NEP). Read more »
The government has secured a U.S.$200 million loan from the African Development Bank to fund electricity projects in the country. The loan will support rural electrification efforts by facilitating private sector development and the rollout of off-grid solutions, as well as the installation of dedicated power systems for federal universities.
(file photo).
Nigeria has been struggling with its own growing electricity needs since the 1980s with many areas in the country struggling with blackouts. The government has come under criticism ... Read more »
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