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    Tag: PSRO

    May 26
    Nigeria Government Cancels $717.7 Million in Undisbursed World Bank Power Sector Funding

    The Federal Government of Nigeria has cancelled $717.7 million in remaining undisbursed funding from the World Bank, effectively terminating the balance of a major power sector recovery programme amid ongoing challenges in the electricity industry. According to World Bank restructuring documents, the cancellation follows a formal request by the Nigerian government on March 26, 2026, […]