Nigeria’s Transmission Co. has been granted the sum of $210 million by the African Development Bank to enable it to upgrade the country’s power infrastructure.
AfDB in a statement shared with the public said the funding is meant to improve the power transmission and distribution capability of Nigeria.
The funding is part of a $1.6 billion campaign targeting seven states – which are Abia, Anambra, Delta, Edo, Imo, Kaduna and Kano states.
A major cause of unreliable electricity supply in Nigeria is its inability to fully distribute the power it generates. This project is geared towards bringing a solution to that by reducing the amount of power trapped and enable places in the North where the electricity situation is terrible to get more power.
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