The African Development Bank is to invest U.S.$200 million through the Rural Electrification Agency to boost power supply in Nigeria and will enable eight universities and 20,000 micro, small and medium enterprises to gain access to reliable sources of energy.
The strike action was called by the workers to press for the settlement of unresolved claims after the privatization of the power sector by the Bureau of Public Enterprises. The … Read more »
Zainab Ahmed, Minister of Finance, says that the government has acquired a new loan of U.S.$3 billion from the World Bank to address transmission and distribution challenges in the … Read more »
The government has entered into an agreement with a German company, Siemens, to boost power supply in Nigeria. Nigeria has struggled to supply electricity throughout the country … Read more »