The Federal Government of Nigeria, FGN's Bureau of Public Enterprises (BPE) says the World Bank has approved a $500m loan to boost electricity distribution in the country. This was in a statement from the Bureau of Public Enterprise (BPE), signed by the head of public communications, Amina Othman. As part of the updates, the BPE revealed that the loan, under the bank’s distribution sector recovery program (DISREP), has been secured to mitigate the challenges faced by DisCos in the country. “In a strategic move to address the identified gaps in the electricity...