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In order to complete the Ajaokuta-Abuja-Kano pipeline, the Infrastructure and Commercial Bank of China (ICBC), Infrastructure Bank of China, and China Export Credit Agency (SINOSURE), which were expected to contribute $2.38 billion, or 85% of the project’s total cost, withdrew. As a result, the Nigerian National Petroleum Company Limited (NNPC Ltd) has already spent over […]
The post NNPC Confirms AKK Financiers’ Departure But Is Mum Over Alleged Contract Inflation appeared first on The News Chronicle.
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Last modified: April 26, 2023
