The Federal Government of Nigeria, through the Federal Ministry of Water Resources and Sanitation and the Ministry of Power, has signed a $500 million Memorandum of Understanding (MoU) with the World Bank for the implementation of the Sustainable Power and Irrigation for Nigeria (SPIN) project across 25 states.
The initiative aims to enhance dam safety, improve water resource management, and boost hydropower and irrigation systems nationwide.
The signing ceremony, held in Abuja on Tuesday, was attended by the Minister of Water Resources and Sanitation, Prof. Joseph Utsev, and the Minister of Power, Adebayo Adelabu, as reported by the News Agency of Nigeria (NAN).
“The Federal Ministry of Water Resources and Sanitation, and the Ministry of Power, have signed a Memorandum of Understanding for the implementation of the Sustainable Power and Irrigation for Nigeria (SPIN) project.
“The 500 million dollars World Bank SPIN project aims to enhance dam safety and improve water resource…