Nigerian minister: Presidential visit seals $1.1 billion in infrastructure loans from China

from The Washington Post..

July 8, 2013

By Associated Press

ABUJA, Nigeria — Nigeria’s finance minister says President Goodluck Jonathan’s visit to China will finalize $1.1 billion in low-interest loans for much-needed infrastructure in Africa’s giant, from airports and roads to a hydropower plant.

Minister Ngozi Okonjo-Iweala told The Associated Press she is also looking for Chinese investment and increased trade with Nigeria.

Link to the entire article:  http://www.washingtonpost.com/world/africa/nigerian-minister-presidential-visit-seals-11-billion-in-infrastructure-loans-from-china/2013/07/08/1800293a-e7f9-11e2-818e-aa29e855f3ab_story.html

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