
Nigeria's Lawmakers Approve New Chinese bank for $23bn railway project
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Nigeria's Senate has approved the China Development Bank as the new financier for a rail project, which is set to cost close to a billion dollars. <br />Another Chinese lender had been due to funding the line between Kaduna and Kano - the largest city in the north - but it pulled out in 2020. <br />Parliament has approved several billion dollars worth of loans from Chinese and other international lenders but funds have yet to materialise.
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Nigeria's Lawmakers Approve New Chinese bank for $23bn railway project
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