Nigeria Moves to Secure $2 Billion Chinese Loan for Nationwide Power Grid Expansion

Nigeria is in serious talks with China’s Export-Import Bank for a $2 billion loan meant to build a new super grid transforming Nigeria’s electricity infrastructure. The project, for decades, has aimed to address the unrelenting power outages that have hampered industrial expansion and economic growth. According to the Minister of Power, Adebayo Adelabu, the

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