China Eximbank provides $381.09 million preferential buyer’s credit for Greater Abuja Water Supply Project

📋 Staff Comments

1. The Chinese project title is 阿布贾供水项目.
2. In the database of Chinese loan commitments that SAIS-CARI released in July 2020, it does not record the grace period for this loan. AidData records the grace period (7-years) that is reported by Nigeria’s Debt Management Office (DMO) in its ‘Loans Obtained from China Exim As At December 31, 2020’ publication.
3. On May 29, 2018, China Eximbank and the Government of Nigeria also signed a $157,000,000 preferential buyer’s credit (PBC) agreement for the Supply of Rolling Stocks and Depot Equipment for Abuja Light Rail Project (captured in Project ID#73400).

📚 Sources & References

• FCT Minister Directs Coy to produce Feasibility for Greater Abuja Water Project
• Lower Usman Dam to provide 20m litres of water to FCT
• 进出口银行与尼日利亚财政部签署相关项目贷款协议
• ChinaLoansToAfrica©SAIS-CARI.csv
• 走进非洲项目_中国进出口银行
• China Eximbank Signed Loan Agreements with Nigerian Finance Ministry
• Into Africa
• The Export-Import Bank's Nigerian Footprint
• 尼日利亚学者：中国优惠贷款让很多非洲国家受益
• Our company officially signed a business contract for the Abuja Water Supply Project
• The Export-Import Bank and the Ministry of Finance of Nigeria signed a loan agreement for related projects
• 我司正式签署阿布贾大供水项目商务合同
• 走进非洲｜进出口银行的尼日利亚足迹
• Nigeria: FEC approves $470m contract for Greater Abuja Water Supply Project
• Osinbajo inaugurates wagon assembly plant in Ogun
• FG approves $470m for execution of Abuja water project
• November 2018 Bond Prospectus
• 进出口银行与尼日利亚财政部签署相关项目贷款协议
• China's Overseas Development Finance
• Construction of Abuja Water Supply Project in Nigeria started
• FOCAC a Major Platform for Belt and Road Cooperation, 2018 Annual Report
• Abuja Light Rail
• Abuja Light Rail System - Railway Technology
• Why expansion of Abuja light rail may take longer time than expected
• Why Passengers Abandoned $194 Million Abuja Metro Rail Service
• Nigeria needs N6trn to meet demands on water infrastructure
• 我司正式签署阿布贾大供水项目商务合同
• 进出口银行的非洲足迹—尼日利亚篇
• Actual External Debt Service Payments
• January - March, 2024
• Loans Obtained From China Exim
• December 31, 2020
• Loans Obtained From China Exim
• March 31, 2020
• External Loans Signed But Yet to be Disbursed
• December 31, 2020
• Actual External Debt Service Payments
• January to December, 2021
• Actual External Debt Service Payments
• January to December, 2022
• Actual External Debt Service Payments
• January to December, 2023
• Loans Obtained From China Exim
• September 30, 2021, ‘2.5m Abuja residents to benefit from water supply project’
• Hope rises for FCT residents as Chinese firm steps up reticulation of water supply 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.