34.8 C
Asaba
Friday, November 22, 2024

World Bank To Send Mission To Supervise FG’s Utilisation Of ‘Depleted’ $500m Loan

THE World Bank has announced that a ‘supervision mission’ would be sent next month in response to the under-performance of a $500 million loan initially aimed at improving Nigeria’s electricity distribution sector.

According to the latest “Implementation Status & Results Report” for the loan project obtained from the World Bank, this mission, scheduled from July 8 to July 12, 2024, comes in response to the persistent challenges and underwhelming progress of the Nigeria Distribution Sector Recovery Program (DISREP).

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

1,200FansLike
123FollowersFollow
2,000SubscribersSubscribe
- Advertisement -spot_img

Latest Articles

×