The Nigerian government, alongside several other African countries, is poised to benefit from a substantial $90 billion electricity fund announced by the World Bank.
This initiative aims to bolster energy infrastructure across the continent, addressing critical power shortages and promoting sustainable energy solutions.
The funding is expected to support various projects aimed at enhancing electricity generation, transmission, and distribution systems, ultimately improving access to reliable power for millions of citizens.
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As part of a broader strategy to promote economic growth and development, this investment is seen as a significant step towards achieving energy security and fostering regional cooperation in the energy sector.