Wale Edun Meets with World Bank VP for Infrastructure to Discuss Power Sector Reforms

The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Friday, met with Guangzhe Chen, Vice President for Infrastructure at the World Bank, to discuss critical reforms in Nigeria’s power sector. The meeting focused on addressing ongoing challenges in the sector and accelerating efforts to improve electricity access in the nation.

During the meeting, Edun emphasised President Tinubu’s commitment to the Mission 300 project, a joint initiative by the World Bank and the African Development Bank, aimed at providing electricity access to 300 million people across Africa by 2030.

Both parties highlighted the need for reforms that would improve efficiency, expand access, and ensure sustainable energy solutions for Nigeria’s growing population.

Others present at the meeting included Ndiame Diop, World Bank Country Director for Nigeria; Franz Drees-Gross, Director of Infrastructure for West Africa; Taimur Samad, Operations Manager at the World Bank; and representatives from the Office of the Special Adviser on Energy to the President, among others.