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U.S.-Exim Bank to Provide $1.5 Billion in $10 Billion Power Deal

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The United States EXIM Bank has signed a Memorandum of Understanding (MoU) with Nigeria's Federal Government to provide $1.5billion as its commitment towards the...

Nigeria to Increase Power Generation 50% by 2012

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Nigeria's Federal Government has given the assurance of boosting power on the national grid from the current 4000 mega watts (MW) to 6000MW by 2012.
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