South Africa has asked the BRICS New Development Bank for $250 million of funding to connect new power plants to the national grid, Economic Development Minister Ebrahim Patel said on Wednesday.
FG seeks $250 million from BRICS bank to build power transmission lines
If approved, the money would be used to build transmission lines connecting solar and wind power plants to a national grid
If approved, the money would be used to build transmission lines connecting solar and wind power plants to a national grid, Patel said, as Africa's most industrialised economy turns to green energy to diversify away from coal.
President Jacob Zuma has been under fire in recent months for alleged mismanagement of the country's resources and for many failed policies, including heavily criticized economic, educational and social policies.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Gov Alia vows to demolish property housing kidnappers, Yahoo boys in Benue
Tinubu appoints former Rivers lawmaker, ex-Naval officer as heads of NESREA, NDRBDA
Court accuses EFCC boss of contempt over handling of Yahaya Bello's case
Fubara donates ₦350m as Navy moves training headquarters from Lagos to Rivers
Bandits invade Defence Minister's hometown, kill 1, abduct scores
Cardiologist bags 4-year jail term over patient deaths
We must continue to support President Tinubu - Ododo tells Kogi residents
Tinubu appoints Zenith Bank founder Jim Ovia to chair student loan fund
Husband begs IGP to find his wife who went missing on official police duty
ADVERTISEMENT