Nigeria: Govt, World Bank sign N47.4bn Azura-Edo IPP guarantees

Nigeria: Govt, World Bank sign N47.4bn Azura-Edo IPP guarantees
Oscarline Onwuemenyi 25 August 2015, Sweetcrude, Abuja – The Federal Government signed N47.4bn ($237m) risk guarantees with the World Bank in support of the 450 megawatts Azura-Edo Independent Power Plant (IPP) after it took three years to complete the loop. The Guarantees comprise a Debt Mobilisation Guarantee (capped at USD $117 million) and a Liquidity […] More »
Nigeria: Govt, World Bank sign N47.4bn Azura-Edo IPP guarantees Nigeria: Govt, World Bank sign N47.4bn Azura-Edo IPP guarantees Reviewed by Crude Oil Facilitators on 14:13 Rating: 5

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