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Construction of the Kainji Dam across the Niger River in Niger State, Nigeria, commenced in 1964 and was officially completed in 1968. Designed primarily to generate hydroelectricity for domestic and industrial consumption, the dam created Lake Kainji, which spans an area of over 1,200 square kilometers. The primary civil engineering contractor for the project was the Italian consortium Impregilo, while funding was secured through joint support from the Federal Government of Nigeria and the International Bank for Reconstruction and Development. In addition to electrical power generation, the reservoir was intended to regulate floodwaters and improve navigation along the river downstream towards the Niger Delta.
Statement: According to the passage, the funding for the Kainji Dam project was provided exclusively by the International Bank for Reconstruction and Development.
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