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Nairaland Forum / Nairaland / General / Politics / Nigeria Gets $486m World Bank Loan To Improve Nigeria’s Electricity Transmission (407 Views)
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Nigeria Gets $486m World Bank Loan To Improve Nigeria’s Electricity Transmission by BuhariCarryGo: 7:33pm On Feb 16, 2018 |
The World Bank on Friday approved an International Development Association (IDA) Credit of 486 million dollars for the rehabilitation and upgrading of electricity transmission substations and lines. Ms Olufunke Olofon, Senior Communications Officer,World Bank, Nigeria,in a statement said that the investments would increase the power transfer capacity of the transmission network. The World Bank’s International Development Association (IDA),helps the world’s poorest countries by providing grant,low to zero-interest loans for projects that boost economic growth and reduce poverty. The World Bank Country Director for Nigeria, Mr Benmessaoud,said the Nigeria Electricity Transmission Project NETP would help address key bottlenecks in the transmission network. “It will also improve access to affordable and reliable electricity service to citizens.https://www.dailytrust.com.ng/nigeria-gets-486m-world-bank-loan-to-improve-nigeria-s-electricity-transmission.html?_e_pi_=7%2CPAGE_ Mynd44 lalasticlalala oam4j 1 Like |
Re: Nigeria Gets $486m World Bank Loan To Improve Nigeria’s Electricity Transmission by ManirBK: 7:34pm On Feb 16, 2018 |
Money don come hope u wailers never prepare your cooking utensil era of looting don finished
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Re: Nigeria Gets $486m World Bank Loan To Improve Nigeria’s Electricity Transmission by Kemperor: 8:10pm On Feb 16, 2018 |
Nonsense.... All the monies will go to the core North (middle belt is not north.... At least they know now)... Still, they will depreciate and remain underdeveloped... When a president tells international organizations to focus only on the North... #backtodaura #buharimustgo #apcmustgo #NoMoreFulaniHausaPresident |
Re: Nigeria Gets $486m World Bank Loan To Improve Nigeria’s Electricity Transmission by Ovamboland(m): 8:53pm On Feb 16, 2018 |
Kemperor: A negative mindset is configured to always snatch defeat from the jaws of victory......weldone keep inventing your own negativity |
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