Tag: Foreign fund
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BREAKING: London-based Bank offers $11bn funding for Lagos-Calabar Coastal Rail
The Federal Government on Saturday said the London based Standard Chattered Bank has agreed to fund the Lagos-Calabar coastal rail project to the tune of $11bn. TheNewsGuru.com, TNG reports that the project was estimated to cost $14.4bn leaving the government with a balance of $3.4bn to complete the project. This was revealed by the Minister…