Power Reform In Reverse: Why Nigeria Walked Away From A $717 Million World Bank Loan
How a Power Reform Programme Unravelled A Loan Designed to Fix a Broken Power Sector NIGERIA has formally cancelled $717.7 million in undisbursed World Bank funding meant to stabilise its struggling electricity sector. The funds formed part of the Power Sector Recovery Performance-Based Operation, a $1.52 billion programme designed to fix liquidity gaps, improve distribution […]
