World Bank approves fresh $500m loan for Nigeria …C0NTINUE READING HERE >>>
The World Bank has approved a 500 million dollar loan to support the Sustainable Power and Irrigation for Nigeria (SPIN) project aimed at reducing climate-induced challenges.
Mr Chakib Jenane, World Bank’s Regional Director, Sustainable Infrastructure Development for West and Central Africa, announced this during a visit to Water Resources and Sanitation Minister in Abuja on Thursday.
Jenane said that the SPIN project was approved during the World Bank’s Board meeting on Sept. 26, adding that it was scheduled to begin in January 2025.
According to him, the project is…
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