FG Budget 1trn for Special Power Interventions, Multilateral Project
The Ministry of Power plans to allocate a significant portion of its N1.2tn 2025 budget towards financing multilateral and bilateral loan projects to enhance electricity generation and distribution nationwide. It allocated N810bn to fulfill its funding obligations of the $1.74bn World Bank’s Power sector recovery and $2.62m Distribution Sector Recovery Programme loans to improve electricity…
