. Country’s Federal Executive Council says facility to boost power, others The Federal Executive Council, yesterday, accepted a $3.45 billion loan proposal to fund five projects. Projects in the power industry, renewable energy, state resource mobilisation, teenage girls’ initiative for learning and development, and a women’s empowerment project are among them. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, told State House correspondents that the FG will accept the $3.5 billion “zero-interest” loan with a 10-year moratorium, with payments beginning in 2033. “Today at the Federal…
Read MoreNigeria Okays Borrowing of $3.4bn Fresh Loan From World Bank
