Nigerian Tribune
Nigeria has cancelled $717.7 million in undisbursed funding under the World Bank-backed Power Sector Recovery Performance-Based Operation (PSRO), dealing a blow to ongoing efforts to improve the financial stability of the country’s electricity sector. The development comes as the sector continues to face challenges including tariff shortfalls, foreign exchange constraints and operational inefficiencies. According to […] The post FG cancels $717.7m World Bank power sector loan appeared first on Tribune Online .
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