The Senate Wednesday approved a $500 million World
Bank loan request by President Bola Ahmed Tinubu to
provide electricity metres in the country.
The fund was approved for the Bureau of Public Enterprises
(BPE) after considering the report of the Senate Committee
on Local and Foreign Debts which was presented by the
committee’s vice chairman, Senator Haruna Manu (Taraba
Central).
The $500 million loan was part of the $7.94 billion World
Bank loan which President Bola Tinubu sought the Senate’s
approval for on November 1, 2023.
It was under the 2022-2024 external borrowing plan.

Manu, while presenting the report, said the programme
development objective of the project was to improve the
financial and technical performance of electricity
distribution companies.

https://dailytrust.com/senate-approves-tinubus-500m-w-bank-loan-request-for-electricity-metres/

mynd44 lalasticlala seun nlfpmod fergie001

Good develooment

24H Electricity supply soon

At this rate bola will mortgage this country for any amount very soon.

the money used to buy suvs for senators or the useless coastal highway would hv gotten the whole Nigeria mattered. but no them must borrow.
Shay now the want to borrow from civil servants saved pension.