Tuesday, December 7, 2021

Breaking: FEC Approves Another $1Billion Loan From China

- Advertisement -

The Federal Executive Council has approved another $1billion Chinese loan. It will be sourced from the China-Exim Bank for the Gurara II Hydropower project. The power project is planned to generate 360 megawatts of electricity.

The Minister of Water Resources, Mr Sulieman Adamu, has just confirmed the approval of the loan by FEC. President Muhammadu Buhari presided over the FEC meeting at the Presidential Villa, Abuja. Photo Credit: Getty

Also Read:  Naira Marley Tweets As He Gives Relationship Advice
- Advertisement -

Related Articles

- Advertisement -

Leave a Reply

Stay Connected

- Advertisement -

Latest Articles