The Punch
Federal Government seeks World Bank guarantees for infrastructure and power sector funding
The Federal Government is negotiating with the World Bank Group to obtain additional financing support and guarantees for infrastructure projects, specifically within the power sector.
Nigeria is engaging with the World Bank Group to secure financial backing for critical infrastructure. These discussions aim to attract private investment into the nation's power sector. The initiative seeks to improve infrastructure through enhanced funding support.
Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.