FG Cancels $717.7m World Bank Power Sector Loan Amid Reform Setbacks, Mounting Fiscal Pressure
BY FRONTLINE REPORTERS The Federal Government has cancelled a massive $717.7 million undisbursed World Bank intervention facility meant to support Nigeria’s troubled electricity sector, in a move that underscores the deepening financial and structural crisis confronting the nation’s power industry. The cancellation followed a formal request by the Federal GovernmentContinue Reading







