Nigeria's gov't, under President Tinubu, seeks a $50M World Bank loan for solar plants, infrastructure, 3.5M prepaid meters, to strengthen the power sector and enhance economic growth.
Nigeria's government, under President Bola Tinubu, seeks a $50 million World Bank loan to support state governments in installing solar plants, upgrading infrastructure, and rolling out 3.5 million prepaid meters. The collaboration aims to strengthen Nigeria's power sector, expand energy access, foster economic growth and development, enhance job creation, and alleviate poverty, in line with the Renewed Hope Agenda of the current administration.
July 15, 2024
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