Nigeria Seeks $2bn China Loan to Build Super Grid, Tackle Power Shortages
By Ayomide Otitoju Nigeria is in talks with the Export-Import Bank of China for a $2 billion loan to finance the construction of a new “super grid” aimed at addressing the country’s chronic power shortages, the Minister of Power, Adebayo Adelabu, has disclosed. Speaking at an economic summit in Abuja on Monday, Adelabu said the…