BusinessDay
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Nigeria seeks $3bn facility from World Bank for power sector development

... Says inflation rate not high at 11.2%

The Federal Government is proposing $3 billion facility from the World Bank for the power sector development programme. This is a 20 percent increase from the earlier $2.5 billion proposed by the Government. Zainab Ahmed, finance minister, disclosed this in an interview with journalists on the sideline of the ongoing International Monetary Fund (IMF) and…



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