Western Africa
Nigeria To Receive US$700 Million For Port Rehabilitation
Port authority has signed a mandate letter with Citibank.
The Nigerian Ports Authority (NPA) has signed a mandate letter and term sheet with US-based Citibank for a US$700 million loan to rehabilitate the Lagos and Tin Can Island ports. The ports are located in the Apapa area of Lagos state in southwestern Nigeria.The loan will be funded by UK
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