.jpg)
Nigeria: Govt Borrows N300 Billion for Electricity Transmission
The federal government has borrowed a total of $1.9bn (N300 billion), as part of electricity transmission expansion capacity.
The funding came from various sources as part of the target to meet the 20,000mw transmission capacity in the year 2020, records indicated.
Daily Trust gathered that so far $4 billion (N647.6bn) was generated by government out of the $16 billion (N2.6 trillion) target to achieve the 20,000.... Read more »
Posted on : Wednesday , 27th August 2014