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Tag: $500 Million

Modular Refineries: FG Eyes 100,000 Jobs, Secures $500m Loan From China

Modular Refineries: FG Eyes 100,000 Jobs, Secures $500m Loan From China The Federal Government has secured a $500 million (about N179.9 billion) facility from the Export Import Bank of China (CEXIM) through the Bank of Industry (BOI) for the establishment of modular refineries and the...

World Bank Begins Preparation Towards Nigeria’s $500m Power Distribution Project

World Bank Begins Preparation Towards Nigeria’s $500m Power Distribution Project     The World Bank has commenced preparations for the $500m Nigerian Electricity Distribution Improvement Project. It was learnt that the bank had conducted a fact-finding mission in the distribution sub-sector of the industry in order to ascertain...