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FG budgets N1tn for special power interventions, multilateral projects

The Ministry of Power plans to allocate a significant portion of its N1.2tn 2025 budget towards financing a range of multilateral and bilateral loan projects to enhance electricity generation and distribution nationwide. It allocated N810bn to fulfil its funding obligations of the $1.74bn World Bank’s Power sector recovery and $2.62m Distribution Sector Recovery Programme loans Read More


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