Friday, December 4, 2020

World Bank Approves $750m Loan to Improve Electricity in Nigeria

Must read

VIDEO: Christiana Awuni Says She’s Disappointed In NPP Actors Campaigning Against John Dumelo

Christiana Awuni, Kalybos & others Kumawood actress, Christiana Awuni has expressed disappointment in Prince David Osei, Kalybos, Bismark The Joke, Bibi Bright and others...

Prophet Cosmos Walker Claims Sarkodie Will Die Through A Car Accident Plotted By People

Sarkodie & Prophet Cosmos Walker According to Prophet Cosmos Walker Affran, a Ghanaian superstar rapper and BET Award winner will die through a road...

Burna Boy’s Girlfriend, Stefflon Don, Reacts To Rumours That He’s Cheating On Her With A Sierra Leonian Woman

Burna Boy‘s British rapper girlfriend, Stefflon Don, has reacted to rumours that he has been cheating on her with a naturally endowed Sierra Leonian...

Afia Schwar Warns Ghanaian Women Not To Buy Pinamang Cosmetics Creams Because It’ll Damage Their Skin

Afia Schwarzenegger is at war with the CEO of Pinamang Cosmetics after her brand ambassador deal with the company turned into a complete mess.
The World Bank has approved $750 million International Development Association (IDA) credit for Nigeria’s Power Sector Recovery Operation (PSRO), to improve electricity supply.

The Bank, in a statement in Abuja on Wednesday, said that the would help Nigeria achieve financial and fiscal sustainability and enhance accountability in the power sector.

It explained that about 47 per cent of Nigerians do not have access to grid electricity and those who had access, faced regular power cuts.

According to the bank, the economic cost of power shortages in Nigeria is estimated at around $28 billion,…

~


More articles

Latest article

VIDEO: Christiana Awuni Says She’s Disappointed In NPP Actors Campaigning Against John Dumelo

Christiana Awuni, Kalybos & others Kumawood actress, Christiana Awuni has expressed disappointment in Prince David Osei, Kalybos, Bismark The Joke, Bibi Bright and others...

Prophet Cosmos Walker Claims Sarkodie Will Die Through A Car Accident Plotted By People

Sarkodie & Prophet Cosmos Walker According to Prophet Cosmos Walker Affran, a Ghanaian superstar rapper and BET Award winner will die through a road...

Burna Boy’s Girlfriend, Stefflon Don, Reacts To Rumours That He’s Cheating On Her With A Sierra Leonian Woman

Burna Boy‘s British rapper girlfriend, Stefflon Don, has reacted to rumours that he has been cheating on her with a naturally endowed Sierra Leonian...

Afia Schwar Warns Ghanaian Women Not To Buy Pinamang Cosmetics Creams Because It’ll Damage Their Skin

Afia Schwarzenegger is at war with the CEO of Pinamang Cosmetics after her brand ambassador deal with the company turned into a complete mess.

Medikal Angrily Reacts To Rumours That He Has Impregnated A Slay Queen

Year of internet curses! Married man, Medikal, has reacted to rumours that he has impregnated a slay queen and expecting his second child with...