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Active Development AidData Chinese Aid

Chinese Government pledges $500 million concessional loan for unspecified purposes

$500K USD

Funder Unspecified Chinese Government Institution
Recipient Organization Government of Nigeria
Country Nigeria
Start Date Feb 01, 2008
End Date May 16, 2033
Duration 9,236 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 43170
Grant Description

Chinese Government pledges $500 million concessional loan for unspecified purposes In February 2008, the Government of Nigeria and the Chinese Government signed several agreements.

One of these agreements included a pledge from the Chinese Government to provide a concessional loan worth $500 million for the execution of projects to be identified by the Government of Nigeria.

📚 Sources & References
  • China's Investment in Country Hits $3 Billion
  • Nigeria: China's Investments in Country Hit $3 Billion Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees

Government of Nigeria

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