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Nairaland Forum / Nairaland / General / Politics / Standard Chartered To Replace China Loans For Rail Projects In Nigeria (22645 Views)
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Standard Chartered To Replace China Loans For Rail Projects In Nigeria by lalasticlala(m): 10:27am On Jun 24, 2021 |
Nigeria’s government is in talks with Standard Chartered Plc about arranging funding for two rail projects expected to cost as much as $14.4 billion, replacing earlier plans to source the loans from Chinese banks, Transport Minister Rotimi Amaechi said. https://www.bloomberg.com/news/articles/2021-06-10/nigeria-taps-stanchart-to-replace-china-loans-for-rail-projects 1 Like
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Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by malel1: 10:29am On Jun 24, 2021 |
Looking for for fund in Nigerian banks to fund railway project to NIGER. Nawah ooo 18 Likes 1 Share |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by BitterSoul(m): 10:29am On Jun 24, 2021 |
You have reached your maximum borrowing limit from China, the reason for new lender avenue. Las Las loan na loan. All of us go suffer am Meanwhile, you can grow £20 up to £1000 in six weeks. WhatsApp the number on my signature to join the class 33 Likes 1 Share |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by pyyxxaro: 10:29am On Jun 24, 2021 |
CCECC has made so much money from Nigeria 9 Likes 1 Share |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by tobtap: 10:33am On Jun 24, 2021 |
i prefer the chinese..because dey connect thier loans to projects... borrowing from banks with high interest rate is bad... atleast the chinese build stuffs... i dont trust amechi on dis 42 Likes 3 Shares |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by Sebastine1994(m): 10:34am On Jun 24, 2021 |
Don't 11 Likes 1 Share |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by visijo(m): 10:34am On Jun 24, 2021 |
"Life is like riding a bicycle". To keep your balance keep moving.� 3 Likes |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by iamyemiakins(m): 10:34am On Jun 24, 2021 |
The government has also contracted Portuguese construction company Mota-Engil SGPS SA to build a railway from Kano to neighboring Niger. Credit Suisse Group AG, Africa Finance Corp. and German state bank KfW are arranging nearly $2 billion of loans to fund the work. 27 Likes 2 Shares
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Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by palacealuminium: 10:34am On Jun 24, 2021 |
Wow..... Commendable 1 Like |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by opalu: 10:34am On Jun 24, 2021 |
Ok |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by Nobody: 10:34am On Jun 24, 2021 |
Sorry for derailing but I need to say this. Yoruba muslims & Christians are never enemies. You would hardly see any Yoruba family having no one practising either Christianity or Islam. We are religiously mixed. Please don't give attentive ears to the online warmongers & some religious fanatics. They have little or no knowledge about Yoruba culture. They are online wolves, they operate in packs. Don't be deceived by the number of likes their posts/comments amass. They are agents of division, they hate Yorubas for our oneness because they find it hard to achieve such lofty grace. 15 Likes 1 Share |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by olaolulazio(m): 10:34am On Jun 24, 2021 |
Borrow borrow government. 1 Like |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by hopevalley: 10:34am On Jun 24, 2021 |
When will Nigeria pay all these loans back? Check out my signature if you want to go into export business. 1 Like |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by NwaNimo1(m): 10:35am On Jun 24, 2021 |
8 Likes |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by DDDEnterprises: 10:35am On Jun 24, 2021 |
Loan is still loan. But the fact that you're not taking it from China is a kinda relief sha 1 Like |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by RichDad1(m): 10:35am On Jun 24, 2021 |
As long as the repayment terms and conditions are better. |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by PAWG(m): 10:35am On Jun 24, 2021 |
Reading… |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by ivolt: 10:36am On Jun 24, 2021 |
Bad idea. |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by Franking: 10:36am On Jun 24, 2021 |
More than 70% of borrowed money to be spent in the north. And u say Buhari and his cohorts don't know what they are doing. 4 Likes |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by 77up(m): 10:36am On Jun 24, 2021 |
Good development anyways. |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by Thinktwicemybro: 10:37am On Jun 24, 2021 |
They have borrowed what even our children cannot pay. In the meantime, who ever know his wickedness, Godwin Obaseki of Edo should tell him to pay AAU workers/lecturers their salary, a laborer deserves his wages.
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Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by ProfessorBerlin(m): 10:38am On Jun 24, 2021 |
Happy Birthday Lionel Andres Cucittini Messi Messi is greater than all Nigerian thieving fathers combined 1 Like
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Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by Lexusgs430: 10:38am On Jun 24, 2021 |
Why can't they simply go PPP..... And share the spoils + proper government policies to encourage the private sector...... Form consortiums or similar structures........ |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by koladebrainiac(m): 10:38am On Jun 24, 2021 |
onigbese regime |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by ivolt: 10:38am On Jun 24, 2021 |
DDDEnterprises:It is actually worse. Standard chartered give cash loan which can be easily embezzled while China gives train loan. 7 Likes |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by captainrf1(m): 10:38am On Jun 24, 2021 |
Well play |
Re: Standard Chartered To Replace China Loans For Rail Projects In Nigeria by Akalia(m): 10:39am On Jun 24, 2021 |
Why is buharis government building rail line in Niger? What arrant indictment. |
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