Power Sector Recovery Performance Based Operation (WB-P164001)

Countries
  • Nigeria
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 28, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
FEDERAL MINISTRY OF FINANCE
The holder of the loan, grant, or other investment.
Sectors
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 1,000.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1,000.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Dec 3, 2018

Disclosed by Bank Jun 29, 2017


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Project Description
<div style="left: 180.033px; top: 255.811px; font-size: 20px; font-family: sans-serif; transform: scaleX(0.973821);">The Program&rsquo;s development objectives(PDO) are to improve the reliability of electricity supply and enhance power sector financial viability and governance.</div>
Investment Description
  • World Bank (WB)
Contact Information
Nigeria Bulk Electricity Trading Company Plc
Contact: Marilyn Amobi
Title: Managing Director
Tel: +234 9 460 5631
Email:  marilyn.amobi@nbet.com.ng

ACCOUNTABILITY MECHANISM OF WORLD BANK

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