The Ministry of Power plans to allocate a significant portion of its N1.2tn 2025 budget towards financing a range of multilateral and bilateral loan projects to enhance electricity generation and distribution nationwide. It allocated N810bn to fulfil its funding obligations of the $1.74bn World Bank’s Power sector recovery and $2.62m Distribution Sector Recovery Programme loans
FG budgets N1tn for special power interventions, multilateral projects
![FG budgets N1tn for special power interventions, multilateral projects](https://cdn.punchng.com/wp-content/uploads/2024/08/19091912/Adebayo-Adelabu.jpg)