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Home Economy

Buhari seeks $5.85 bln China loans for rail network

metro by metro
April 26, 2017
in Economy
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Muhammadu Buhari
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Muhammadu BuhariPresident Muhammadu Buhari is seeking approval from parliament to borrow $5.85 billion from China to modernise the country’s rail network.
The president urged parliament in a letter to approve the borrowing because funds under the China Africa Fund were limited.

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