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Nigeria seeks Sh109 billion for key gas pipeline

By Reuters | Aug. 11, 2021

**Nigerian National Petroleum Corporation (NNPC) headquarters are seen in Abuja, Nigeria.** [Reuters]

Nigeria is seeking $1 billion (Sh109 billion) so work can continue on a gas pipeline costing up to $2.8 billion (Sh306 billion) after Chinese lenders who had pledged to offer most of the funds did not disburse cash as quickly as expected, three sources close to the matter said.

It is the latest sign of falling Chinese financial support for infrastructure projects across Africa, after years of major Chinese lending for railway, energy and other projects.

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