World Bank in talks with Nigeria over new $2.5 billion power project loan

Nigeria News News

World Bank in talks with Nigeria over new $2.5 billion power project loan
Nigeria Latest News,Nigeria Headlines
  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

World Bank Vice President said the loan would enable the Nigerian economy to be more competitive for the development of industries and the creation of jobs for the youth.

says it is in talks with the Nigerian government for a $2.5 billion loan to resolve the problems of the country’s power sector.

He also said the loan would enable the Nigerian economy to be more competitive for the development of industries and the creation of jobs for youth in the country. He added that the deal aids at expanding digital opportunities and solving a power crisis that hobbles economic activities.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PremiumTimesng /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria in Talks with World Bank for Fresh $2.5bn Loan - THISDAYLIVENigeria in Talks with World Bank for Fresh $2.5bn Loan - THISDAYLIVEThe World Bank and Nigeria are in talks for as much as $2.5 billion in a new tranche of concessionary lending to Africa’s most populous country, the bank’s Vice President for Africa Hafez Ghanem has disclosed. In the past year, Nigeria received $2.4 billion from the World Bank, Bloomberg quoted Ghanem to have said in …
Read more »

JUST IN: Nigeria approaches World Bank for fresh $2.5bn loanJUST IN: Nigeria approaches World Bank for fresh $2.5bn loan
Read more »

FG seeks fresh $2.5bn World Bank loan – Daily TrustFG seeks fresh $2.5bn World Bank loan – Daily TrustThe Federal Government and World Bank are in talks for as much as $2.5 billion in a new tranche of concessionary lending to Nigeria, the bank’s Vice President for Africa Hafez Ghanem has said. In the past year Nigeria received $2.4 billion from the World Bank, Ghanem said in an interview with Bloomberg in Abuja …
Read more »

World Bank in talks with Nigeria for fresh $2.5b loanWorld Bank in talks with Nigeria for fresh $2.5b loanTHE World Bank and Nigeria are in talks for about $2.5 billion in a new tranche of concessionary lending to Nigeria, the bank’s Vice President for Africa
Read more »

Task Force arrests 71 at Oshodi drug spots | The Guardian Nigeria News - Nigeria and World NewsTask Force arrests 71 at Oshodi drug spots | The Guardian Nigeria News - Nigeria and World NewsThe operatives of the Lagos State Task Force have arrested another 71 miscreants around railway-line in Oshodi as part of efforts to rid the State of criminal elements, especially those operating at notorious blackspots across the metropolis. The Chairman of the Agency, CSP Olayinka Egbeyemi, who led the enforcement team in an early morning raid, …
Read more »

Sad news from Jo’bourg and other stories | The Guardian Nigeria News - Nigeria and World NewsSad news from Jo’bourg and other stories | The Guardian Nigeria News - Nigeria and World News“Tufiakwa! Perish that thought there is no pleasure in that position. Anyway, you have just exposed yourself as one of those envying President Muhammadu Buhari’s job
Read more »



Render Time: 2025-04-01 11:02:30