Nigeria Gets U.S.$200 Million Loan for Electricity Projects
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.
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 »