US SUPPORTS NIGERIA WITH $1BN FOR ITS POWER SECTOR

Though Nigeria has been listed as one of the priority countries to benefit from United States $10bn-assisted power project for Africa, the USAID founded Energy Initiative (UEI)  said the country should indicate the most important areas of the sector that needs urgent attention for it to draw $1 billion support from the total fund in this year 2017.

The UEI, which was created by the administration of former USA President Barrack Obama,  has also announced plans to inject more funds to develop Nigeria's power sector, if the policy is made better.