Nigerias Electricity Loans Hit Significant Delays and Litigation Hurdles Worth $500m

A $500 million Nigerian power program is facing significant delays due to legal disputes and other issues, impacting its progress.

The World Bank's $500m Nigeria Distribution Sector Recovery Programme has faced significant setbacks, with litigation and other delays pushing the initiative further off track. The programme, designed to tackle major challenges in the country's electricity distribution sector, is now expected to miss its target timeline. As a result, several projects intended to be financed by this loan will have their completion dates delayed, impacting the delivery of much-needed power supply improvements across Nigeria. The World Bank has yet to comment on the extent of the delays and what measures are being taken to mitigate them.