Adesina said the signing of the agreement would boost the current administration’s anti-corruption drive and also provide additional funds for the development of the nation’s critical infrastructure.
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“The investments under the Nigeria Electricity Transmission Project will increase the power transfer capacity of the transmission network and enable distribution companies to supply consumers with additional power,” the World Bank said.
“The main objective of the project is to provide social safety net. We are a large population and close to one-third of that population is living below the poverty line which translates to about close to 60 million Nigerians.
