For the Nigerian National Public Security Communication System project, Nigeria signed a loan deal of $399.5million with China on December 20, 2010. Nigeria and China signed a loan deal of $500million for the Nigerian Railway Modernisation Project (Idu- Kaduna section) on December 20, 2010. To finance the Nigerian ICT Infrastructure Backbone Project, Nigeria signed a $100million loan deal with China on January 5, 2013. For the Nigerian Zungeru Hydroelectric Power Project, Nigeria signed a loan deal of $984.32million with China on September 28, 2013. For the Rehabilitation and Upgrading of Abuja-Keffi- Makurdi Road project, Nigeria signed a loan deal with China for $460.82million on August 18, 2017.
Source: Nigerian Tribune August 03, 2020 06:00 UTC