W’Bank, AfDB to invest $7.5bn in Nigeria’s power sector

The Minister of Power, Adebayo Adelabu, has said that the World Bank and the African Development Bank have concluded plans to invest $30bn in boosting electricity in Africa. Of this sum, Adelabu said Nigeria will get about 25 per cent, being $7.5bn. Adelabu disclosed this during a visit to Splendor Electric Nigeria Limited, a porcelain

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