How Nigeria Stands to Benefit From the $40 Billion World Bank Energy Financing Initiative

Nigeria is poised to capitalize on a groundbreaking $40 billion energy financing initiative by the World Bank Group and the African Development Bank (AfDB). This initiative, part of the ambitious Mission 300 programme, aims to provide electricity to 300 million Africans by 2030 and address the continent’s ongoing energy crisis. Key Highlights of the Energy […]

FG Leverages $750M World Bank Loan to Boost Nigeria’s Power Supply

The Federal Government of Nigeria is taking significant steps to address the country’s persistent power supply challenges with the support of a $750 million loan from the World Bank. This initiative prioritizes renewable energy as a solution to bolster electricity access for critical sectors like education, health, agriculture, rural communities, and transportation. With approximately 80 […]