BREAKING: World bank approves $3bn power project loan for Nigeria

By Isa Amodu with Agency Report

The World Bank has agreed to give Nigeria a $3 billion loan for the expansion of the transmission and distribution facilities of the power sector.

Zainab Ahmed, the minister of finance, made this known on Sunday while addressing journalists, on the activities of Nigeria at the annual meetings of the International Monetary Fund (IMF) and World Bank Group.

More to follow…