Vice-President Namadi Sambo says that Nigeria needs about 450 million dollars from the Islamic Development Bank (IDB) to expand its electricity generation capacity to reach 20,000 megawatts.
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A statement issued in Abuja by Malam Umar Sani, the Senior Special Assistant to the Vice-President on Media, said that Sambo said this on Sunday when he received the President of the IDB, Dr Ahmed Mohammed Ali, in Makkah.
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Sambo, who is in Saudia Arabia to perform this year's lesser Hajj, expressed appreciation for the continued support of the IDB to Nigeria.
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He stated that all the approvals granted by the bank over the years had been ratified by the National Assembly and the Federal Executive Council (FEC).
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The vice-president urged the bank to consider the construction of a road linking Lagos to Abidjan in Cote d'Ivoire.
Electricity is something that should be considered more in this country. I've nt seen any improvements so far and that is ridiculous.