Nigeria: World Bank backs $1.7bn distribution project

Issue 432 - 11 Feb 2021

The World Bank Group (WBG) board on 5 February approved $500m for the $1.7bn Nigeria Distribution Sector Recovery Programme (DISREP). The project aims to reset the electricity sector in the country, where distribution companies (discos) have been locked in a cycle of under-investment and low revenues, not helped by inadequate and unreliable supply from the grid.

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