Nigeria Seeks $2bn China Loan To Build National Super Grid, Tackle Power Deficit — Power Minister
Nigeria is negotiating a $2 billion loan with China’s Export-Import Bank to fund the construction of a new “super grid” designed to resolve the nation’s chronic electricity shortages and stimulate industrial expansion. Power Minister Adebayo Adelabu disclosed this at an economic summit in Abuja on Monday, explaining that the proposed transmission network will connect the…