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VEO News > Blog > Hot Stories > Nigerian loans and what it was used for.
Hot Stories

Nigerian loans and what it was used for.

Rufai Oseni
Last updated: 2022/12/28 at 7:41 AM
Rufai Oseni Published December 28, 2022
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PROJECT TITLE CREDIT AMOUNT AGREEMENT DATE BENEFICIARY
EXPORT-IMPORT BANK OF CHINA
1
Nigerian Supply of Rolling Stock and Depot Equipments for Abuja Light Rail Project
USD157,001,049.89
29/05/2018
Federal Capital Territory Administration (FCTA)
2
Nigerian Greater Abuja Water Supply Project
USD381,095,036.84
29/05/2018
Federal Capital Territory Administration (FCTA)
3
Nigerian National Information Communication Technology Infrastructure Backbone Phase II Project
¥2,300,000,000.00
5/9/2018
Federal Ministry of Communication & Digital Economy
4
Nigerian Four (4) Airport Terminals Expansion Incremental Project
USD208,905,161.50
27/12/2019
Ministry of Aviation
5
Nigerian Four Airport Terminals Expansion Ancillary Project
USD183,621,056.89
27/12/2019
Ministry of Aviation
6
Nigerian 40 Parboiled Rice Processing Plants Project
USD325,669,400.00
26/04/2016
Federal Ministry of Agriculture and Rural Development
INTERNATIONAL FUND FOR AGRICULTURAL DEVELOPMENT
7 Livelihood Improvement Family Enterprise-Niger- USD50,642,000.00 24/12/2018 Abia, Cross-River, Delta & Ondo Delta (Life -ND)
AFRICAN DEVELOPMENT BANK
8
Program in Support of Power Sector Privatization
UA2,000,000.00
28/05/2015
The Nigerian Bulk Electricity Trading Plc.
9
Enable Youth Nigeria Program
USD250,000,000.00
31/01/2017
Federal Ministry of Agriculture and Rural Development
10
Enable Youth Nigeria Program (On behalf of the Africa Growing Together Fund)
USD30,000,000.00
31/01/2017
Federal Ministry of Agriculture and Rural Development
11
Ebonyi State Ring Road Project
USD40,000,000.00
23/05/2019
Ebonyi State
12
Ebonyi State Ring Road Project (On behalf of the Africa Growing Together Fund)
USD30,000,000.00
23/05/2019
Ebonyi State
13
Say No to Famine of Nigeria
UA11,890,000.00
3/4/2019
North East Development
14
Institutional Support for Economic Management
UA10,000,000.00
14/02/2019
Federal Ministry of Finance, Budget and National Planning
15
Additional Loan to Inclusive Basic Service Delivery and Livelihood Empowerment Integrated Program
UA3,990,000.00
4/3/2019
North East Development Commission
ISLAMIC DEVELOPMENT BANK
16 Integrated Rural Development Project UA7,670,000.00 27/03/2018 Jigawa State
17 Integrated Rural Development Project USD3,000,000.00 27/03/2018 Jigawa State
AGENCE FRANCAISE DE DEVELOPMENT
18 Lagos State Strategic Transport Masterplan Project € 178,683,105.51 9

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