Nigeria seeks other sources for $1 bln loans to fund gas pipeline after Chinese banks fail to release cash

Nigeria seeks other sources for $1 bln loans to fund gas pipeline after Chinese banks fail to release cash: Chinese lenders had originally been lined up to fund the bulk of the estimated $2.5 billion to $2.8 billion cost of the project, which is central to President Muhammadu Buhari’s plan to develop gas resources and boost development in northern Nigeria.