Nigeria could have avoided the liability of $30 million monthly “take or pay” deal with Azura Power that has now put the country under serious financial constraint, according to Mohammed
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Ahmed Zakari, special adviser to the president on infrastructure, on Wednesday made a number of claims on the Azura power project. In a press statement, Zakari, who works in the
Nigeria should not have issued a sovereign guarantee that allowed a private company, Azura Power, access World Bank loan because it broke a standing rule, a former attorney-general of the
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