With $2bn Portfolio In Nigeria, IDB Targets More Power Sector Investments

Nigeria, Islamic Development Bank mull partnership to boost power infrastructure - EnviroNews - latest environment news, climate change, renewable energy

The Islamic Development Bank (IsDB) has expressed interest in partnering with the Federal Government of Nigeria to address critical infrastructure gaps in the power sector, with ready funds to support the country’s energy development as part of a new Country Engagement Framework. Minister of Power, Chief Adebayo Adelabu, with IsDB officials Officials from the Jeddah-based financial institution, led by Alagi Gaye, disclosed this during a courtes…

IDB to partner Nigeria on power sector, offers funding support - Worldstage

WorldStage Newsonline– The Islamic Development Bank (IDB) has expressed its readiness to partner with the Federal Government to address critical infrastructure gaps in Nigeria’s power sector. This is contained in a statement by Mr Bolaji Tunji, Special Adviser on Strategic Communications and Media Relations to the Minister of Power, on Wednesday in Abuja. Tunji stated that officials of the Jeddah-based financial institution, led by Mr Alagi Gay…

IDB Backs Nigeria’s Power Reform Push, Offers Funding for Energy Infrastructure Expansion

In a significant show of international support for Nigeria’s power sector transformation, the Islamic Development Bank (IDB) has expressed its commitment to partnering with the Federal Government on key infrastructure upgrades—signaling a new era of strategic and programmatic investment in Nigeria’s energy future. During a high-level visit to the Minister of Power, Mr. Adebayo Adelabu, …

Islamic Development Bank eyes power sector expansion in Nigeria with $2 billion investment portfolio

The Islamic Development Bank (IDB) has announced plans to expand its engagement with the Federal Government of Nigeria to tackle infrastructure gaps in the nation's power sector.   The post Islamic Development Bank eyes power sector expansion in Nigeria with $2 billion investment portfolio   appeared first on Nairametrics.

IDB to partner FG on power sector, offers funding support

The Islamic Development Bank (IDB) has expressed its readiness to partner with the Federal Government to address critical infrastructure gaps in Nigeria’s power sector. This is contained in a statement by Mr Bolaji Tunji, Special Adviser on Strategic Communications and Media Relations to the Minister of Power, on Wednesday in Abuja. Tunji stated that officials … The post IDB to partner FG on power sector, offers funding support appeared first on…

Islamic Bank, FG Mull Partnership for Power Infrastructure - InsideBusiness - Business News in Nigeria

The Islamic Development Bank (IDB) has shown interest in partnering with the Federal Government of Nigeria to close infrastructure gaps in the power sector, with available funds to support the country’s energy development as part of a new Country Engagement Framework. Officials from the Jeddah-based financial institution, led by Alagi Gaye, disclosed this during a courtesy visit to the Minister of Power, Adebayo Adelabu, in Abuja. Gaye revealed …