Finance & Economy Nigeria and China Loans – Brief Visual Analysis Provisio Digital TeamAugust 22, 2020552 views Why We Looked Into This? »👀 As a guest on Plus TV Africa, the Founder of Provisio Digital was invited to discuss the topic of “Chinese Loans: Is Borrowing the Right Strategy?” Here is an analysis that was prepared for the show, aiming to provide a refined perspective on the topic. List of Projects from China Loan Nigerian National Public Security Communication System Project Nigerian Railway Modernization Project (Idu-Kaduna section) Abuja Light Rail Project Nigerian ICT Infrastructure Backbone Project Nigerian Four Airport Terminal Expansion Project (Abuja, Kano, Lagos & PH) Nigerian Railway Modernization Project (Lagos – Ibadan section) Nigerian Zungeru Hydroelectric Power Project Nigeria Rehabilitation and Upgrading of Abuja – Keffi Makurdi Road 40 Parboiled Rice Processing Plants Project Nigeria Supply of Rolling Stocks and Depot Equipment for Abuja Light Rail Project Nigeria Greater Abuja Water Supply Project Three of these eight projects have not had any amount disbursed for. These projects range from ministries of Communications and Digital Economy, Aviation, Transportation, Works and Housing, Agriculture and Rural Development. Federal Ministry of Communications and Digital Economy Federal Ministry of Aviation Federal Ministry of Transportation Federal Ministry of Works and Housing Federal Ministry of Agriculture and Rural Development Nigeria’s External Debt Profile Nigeria’s Total Debt Profile Nigeria’s debt service to revenue ratio is at least over 50%. 11 Projects from the China Loan The biggest project is Nigerian Railway Modernization Project (Lagos – lbadan section) is $1,267bn. Nigerian ICT Infrastructure Backbone Project is $100bn. How do you feel about this topic? +1 0 +1 0 +1 0 +1 0 +1 0 Facebook Twitter Email Telegram