China Eximbank pledges $200 million preferential buyer’s credit for E-Government Project (Linked to Project ID#73339 and Project ID#61422)
Pledged amount
$ 406389817.0513407
Adjusted pledged amount
$ 406389817.0513407
Constant 2021 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Nigeria
Sector
Communications (Code: 220)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
According to the Annual Report and Statement of Accounts published in 2006 by the Government of Nigeria’s Debt Management Office (DMO), China Eximbank agreed in principle to provide a $200 million preferential buyer’s credit to the Government of Nigeria for an E-Government Project in 2006. However, it does not appear that this pledge ever resulted in an official commitment. This was part of a larger $500 million pledge, which included a $300 million telephony project (see Project ID#73339 and Project ID#61422).
Number of official sources
1
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Nigeria [Government Agency]