Islamic Development Bank (IDB)

Vice President Namadi Sambo’s Islamic Development Bank loan

Vice President Namadi Sambo’s Islamic Development Bank loan

EARLY this week, reports emerged that Vice President Namadi Sambo, on behalf of the Federal Government, had “sought the support of the Islamic Development Bank (IDB) for the provision of about $450M to expand the power transmission system to wheel up to 20, 000 megawatts of electricity”.