• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Federal Govt, World Bank Plan $50m Funding For Solar Plants In States

by Mark Itsibor
12 months ago
in Business
Wale Edun

Wale Edun

Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian government is planning to kickstart a $50 million power project for the building of solar plants in the pilot and infrastructure upgrades across the states.

Advertisement

The plan was disclosed yesterday at a meeting between the minister of finance and coordinating minister of the economy, Mr Wale Edun and the World Bank delegation, led by country director for Nigeria, Dr. Ndiamé Diop and special adviser to the President on energy, Olu Verheijen in the minister’s office in Abuja.

The minister said the meeting was part of the renewed determination to drive economic growth and development in the country of the current administration, according to a statement that was issued by the director of information in the ministry, Mohammed Manga.

Edun reaffirmed President Bola Ahmed Tinubu Administration’s commitment to repositioning the economy for the future of Nigeria. He stated that the meeting was held  to discuss innovative ways to drive Nigeria’s power sector forward.

The meeting focused on World Bank-supported initiatives, including the Power Sector Recovery Operation (PSRO) and the Distribution Sector Recovery Program (DISREP), aimed at improving power distribution and management systems to ensure economic growth and development in the nation.

RELATED

9PSB Reintroduces Bank9ja App To Deepen Financial Inclusion In Nigeria

9PSB Reintroduces Bank9ja App To Deepen Financial Inclusion In Nigeria

4 minutes ago
Starlink

Starlink Now Live Nationwide As Konga Offers Free Same-day Delivery

6 minutes ago

According to the statement, the federal government also plans to roll out 3.5 million meters to enhance power distribution, and unveiled measures to support tariff frameworks, market reforms, and co-financing the Transmission Company of Nigeria’s performance improvement plan.

This collaboration aims at strengthening Nigeria’s power sector, enhancing energy access,  promoting economic growth and development, improving job creation as well as poverty alleviation in line with the Renewed Hope agenda of the present administration.

The minister and World Bank delegates expressed their commitment to working together towards achieving these goals for the benefit of all Nigerians.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Solar Plants
SendShareTweetShare
Previous Post

NIGCOMSAT Seeks Global Investors As Nigeria’s 1R Satellite Expires 2026

Next Post

How OPay Is Securing Users’ Funds, Building Trust In E-payment System

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

9PSB Reintroduces Bank9ja App To Deepen Financial Inclusion In Nigeria
Business

9PSB Reintroduces Bank9ja App To Deepen Financial Inclusion In Nigeria

2025/06/29
Starlink
Business

Starlink Now Live Nationwide As Konga Offers Free Same-day Delivery

2025/06/29
Meet Nigerian Fintech Expert, Business Dev’t Consultant Ken Nwokike
Business

Meet Nigerian Fintech Expert, Business Dev’t Consultant Ken Nwokike

2025/06/28
Top Home Teams with Highest Win Rates: Who To Bet On
Special Report

Top Home Teams with Highest Win Rates: Who To Bet On

2025/06/28
Diadem Group CEO Olaitan Gbenga Honoured In Zambia
Business

Diadem Group CEO Olaitan Gbenga Honoured In Zambia

2025/06/28
Nigeria’s Wealthy Evade Taxes Amid Rising Inequality: Oxfam Report
Business

New Tax Law: Industrialists Project N3.2trn Increase In Non-oil Revenue

2025/06/28
Leadership Conference advertisement

LATEST

9PSB Reintroduces Bank9ja App To Deepen Financial Inclusion In Nigeria

Starlink Now Live Nationwide As Konga Offers Free Same-day Delivery

Hunger Nigeria’s Most Dangerous Enemy, Says Audu Ogbeh

Institute To Launch Social Cohesion Survey Report

Badaru Raises Hope On Security

China To Boost Ties With Africa Through ‘Ten Partnership Actions’– Envoy

‘Kebbi PDP Ready For Merger To Oust APC’

Health Advocates Call For Sodium Reduction, Warning Labels

Abia Monarchs Endorse Otti For Second Term

Health Warnings In Europe As Heatwave Spreads

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.