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Delay in securing Chinese loans derailing Port-Harcourt-Maiduguri rail projects – FG

The Nigerian government has revealed that delay in securing Chinese loans is derailing the construction of the Abuja-Kano and Port-Harcourt-Maiduguri rail projects, as 85% of the loans required are expected to be funded by Chinese financiers.  This was disclosed by Nigeria’s Transport Minister, Mua’zu Sambo in a press briefing on Friday.  He insisted the FG has …

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