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Topic: FEC approves $1b Chinese loan for Gurara hydropower project  (Read 1598 times)

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FEC approves $1b Chinese loan for Gurara hydropower project
« on: May 16, 2019, 07:03:57 am »
FEC approves $1b Chinese loan for Gurara hydropower project

The Federal Executive Council (FEC) yesterday approved $1 billion Chinese loan from Chinese EXIM Bank for the Gurara II Hydropower Project. The project, on completion will generate 360 megawatts of electricity. It was one of the 18 memos considered at yesterday’s FEC presided over by President Muhammadu Buhari. Water Resources Minister Sulieman Adamu said the […]
Source: FEC approves $1b Chinese loan for Gurara hydropower project

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