Nigeria eyes $5bn-plus power sector recovery support from World Bank

In depth
Issue 346 - 19 May 2017 | 8 minute read

Senior Federal Government of Nigeria (FGN) and World Bank Group (WBG) officials have been negotiating an estimated $2.519bn loan to support the Buhari administration’s Power Sector Recovery Plan (PSRP), announced in late February. Taking the lead is the Advisory Power Team, lodged in the office of Vice-President Oluyemi Oluleke Osinbajo, the key player driving policy during President Muhammadu Buhari’s period of protracted illness. The FGN’s key negotiators are finance minister Kemi Adeosun and power, works and housing minister Babatunde Fashola.

Want to read more?

Extra Large Article


(Access to one African Energy article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map