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$3bn World Bank Loan Secured By Nigerian Government For Power Sector

Zainab Ahmed 

WASHINGTON DC -  The Federal Government of Nigeria (FGN) has secured a $3bn loan from the World Bank to be used for reforming the nation’s power sector.

This development was made known on Sunday (today) by the Minister of Finance, Zainab Ahmed.

Zainab Ahmed made public the approval of the loan at a news conference to wrap up the World Bank/IMF annual meetings in Washington DC.

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