Tag Archives: AfDB

President Tinubu announces Nigeria has secured $1.1bn AfDB loan to provide electricity for 5 million people by 2026

President Tinubu announces Nigeria has secured $1.1bn AfDB loan to provide electricity for 5 million people by 2026

Nigeria has secured a $1.1 billion loan from the African Development Bank (AfDB) to provide electricity for 5 million people by the end of 2026.    The announcement was made by Bayo Onanuga, Special Adviser to the President (Information & Strategy), with the speech presented by Adebayo Adelabu, Minister of Power, at the recently concluded two-day Mission 300 Africa Energy …

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