ABUJA (Reuters) – The World Bank has approved a $750 million loan for Nigeria’s power sector, the lender said.
The money will be used “to improve the reliability of electricity supply” by ensuring power supply to Nigeria’s grid, the World Bank said in a statement late on Tuesday.
(Reporting by Paul Carsten; editing by Jason Neely)
© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters
or its third party content providers. Any copying, republication or redistribution of Reuters content, including
by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon.
"Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.