The World Bank has approved a $486 million credit facility to Nigeria for electricity grid improvements, the lender said on Friday.
“The investments under the Nigeria Electricity Transmission Project will increase the power transfer capacity of the transmission network and enable distribution companies to supply consumers with additional power,” the World Bank said.
Nigeria’s dilapidated power sector is often criticised by economists for holding back the country’s economic growth. Businesses and households are subject to frequent blackouts, and many depend on their own generators that are expensive to run.
Born in Akure town, Gokeniyi is a lover of nature and good food. She loves to cover entertainment, general news and sports
November 14, 2017
February 22, 2018
November 23, 2017
- Breaking: WHO Considers Madagascar’s Herbal Drink as Possible Treatment for COVID-19 226k views
- Tonto Dikeh goes nude, shares scenes from plastic surgery in reality show (video) 18.4k views
- Footballer Dele Alli caught on video receiving oral sex from prostitute 10k views
- Azealia Banks goes topless, shows off her new giant breast implants +18 7.2k views
- BBNaija 2018: Teddy A and BamBam caught having sex in the toilet (18+ video) 6.8k views
- Colorado: The Dangerous, Convulsion-Inducing Drug Destroying Nigerian Youths(Disturbing Videos) 5.6k views
- Exclusive: Jowi Zaza, the mysterious millionaire who is younger and richer than Hushpuppi 5.1k views
- Breaking: Lagos Records First Confirmed Coronavirus Case 4.5k views
- Despite having N30 billion, Davido reveals he needs more 3.9k views
- Trump Accused of Killing Personal Assistant, Carolyn Gombell in 2000 3.9k views
Subscribe to our newsletter
Today’s Echo is a versatile online newspaper based in Switzerland and committed to reporting the Nigerian experience across the world.
Feel free to send us your stories and requests. We can be reached through email@example.com
- January 24, 2023