World Bank, Nigeria Cancel $717.7m Undisbursed Power Sector Fund On Missed Targets

The federal government and the World Bank have agreed to cancel $717.7 million in undisbursed financing under a power-sector recovery programme after key reform milestones were not met and sector conditions changed. World Bank documents show the cancellation ends the remaining portion of a $1.52 billion Power Sector Recovery Programme (PSRP), according to Channels TV […]

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