World Bank To Support FG’s Power Sector Recovery Programme With $1bn The World Bank Group and the Federal Government of Nigeria concluded two days of high-level consultations on the Power Sector Recovery Programme (PSRP), with the Bank’s readiness to support it with $1 billion. The Federal...

Strong indications have emerged that investors who acquired the nation’s electricity distribution firms in 2013 are still struggling to service the loans they took from financial institutions to finance the acquisition. The Federal Government, in its Power Sector Recovery Programme report, noted that a total...