AfDB provides $200 million to expand Nigerian power sector

The African Development Bank has agreed to invest $200 million to improve electricity access in Nigeria by building minigrids throughout the country.The African Development Bank (AfDB) has revealed plans to invest $200 million to expand Nigeria's power sector and improve access to electricity. The bank will provide the funds through the country's Rural Electrification Agency. Wale Shonibare - the acting vice president of power, energy, climate and green growth for AfDB - claimed that the bank is ready to provide more assistance to Nigeria in the future. "We are supporting the program to roll ...

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