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AFD, EU To Commit $46Mn To Vocational Skills In Nigeria’s Power Sector

The Agence Française de Development (AFD) and the European Union (EU), have pledged to commit $46 million to fund vocational skills in Nigeria’s power sector. The Director-General of National Power Training Institute (NAPTIN), Mr. Ahmed Nagode, gave this hint on Wednesday at a workshop on ‘Enhancing Vocational Training Delivery for the Nigerian Power Sector’ held […]

Economy News Extra Latest News Power/Electricity

FG, Donor Agencies To Seal $956Mn Power Transmission Deals

The Federal Government and multilateral donor agencies are expected to sign three key transmission projects deals worth $956 million to be executed by the Transmission Company of Nigeria under its national grid expansion plan before this month ends. Already, a meeting had been held between the TCN and representatives of the multilateral donor agencies in […]

Economy News Extra Latest News

AFD Grants Nigeria N280Bn Sovereign Loan In 10 Yrs

The Agence Francaise De Development (AFD) has provided about N280 billion sovereign loan to the Federal Government of Nigeria over the past 10 years. The amount represented 44 percent of the £1.5 billion committed to development programmes by the AFD during the period AFD Country Director in Nigeria, Pascal Grangereau, who gave these hints while […]

Banking Latest News Power/Electricity

FG Secures N280Bn From AFD To Finance Key Projects

The Agence Francaise De Development (AFD) on Wednesday disclosed that it had supported the Federal Government with over N280 billion sovereign loans to support the financing of projects in key sectors of the nation’s economy. The AFD’s Country Director in Nigeria, Pascal Grangereau, said the financial support was in the areas of infrastructure, agriculture, power, […]